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FxWirePro- Woodies pivot (Major) 
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NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
FxWirePro- Woodies pivot (Major) 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: NZD/USD turns lower as USD regains footing 
- USD/ZAR is currently trading around 13.25 levels.
- It made intraday high at 13.25 and low at 13.18 levels.
- Intraday bias remains neutral till the time pair holds key support at 13.16 marks.
- A daily close above 13.22 will take the parity higher towards key resistances around 13.50, 13.70, 13.94, 14.12, 14.28 and 14.57 marks respectively.
- Alternatively, a daily close below 13.22 will drag the parity down towards key supports at 13.16, 12.99, 12.70, 12.51 and 12.40 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position on USD/ZAR only below 13.16, stop loss 13.40 and target of 12.99.
