FxWirePro- Woodies pivot (Major) 
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FxWirePro- Woodies pivot (Major) 
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish 
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FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook 
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 
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FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report 
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
• USD/ZAR declined sharply on Friday as South African rand jumped after comments by Federal Reserve Chair Jerome Powell signalled an interest rate cut next month.
• Like other risk-sensitive currencies, the rand frequently responds to global influences like U.S. monetary policy, alongside significant domestic factors.
• Next week, investors will turn their attention to July’s producer inflation, money supply, trade, and budget balance figures for insights into the health of South Africa's economy.
• Immediate resistance is located at 17.8568 (38.2%fib), any close above will push the pair towards 18.0038(50%fib).
• Strong support is seen at 17.6830 (23.6%fib) and break below could take the pair towards 17.5828 (Lower BB).
Recommendation: Good to buy around 17.7040 with stop loss of 17.8700 and target price of 17.5560
