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NZDJPY Bulls Capped: Triple Bearish EMA Stack Signals Downtrend Path Toward 90 
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FxWirePro- Major European Indices 
FxWirePro: GBP/AUD maintains bullish bias with focus on 1.9100 
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target 
FxWirePro:USD/JPY holds firm near 160 as intervention fears stay muted 
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Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD edges lower but bias is bullish 
AUDJPY Rejected at 113: Triple EMA Bearish Stack and Surging ADX Point to 110.50 
Sterling Surge: GBPJPY Powers Above 214.50 as Triple Bullish EMA Stack Signals Push to 217 
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NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50 
- USD/ZAR is currently trading around 15.74 levels.
- It made intraday high at 15.88 and low at 15.63 levels.
- Today South Africa released GDP data with negative numbers at 0.6% Q/Q vs 0.7% previous release.
- In addition year on year GDP falls at 0.6% vs 1.0% previous release.
- Intraday bias remains bearish till the time pair holds key resistance level at 16.30.
- On the other side, key support levels falls at 15.05 levels.
- A break of key support will take the parity towards 14.44 levels.
We prefer to take short position in USD/ZAR around 15.80, stop loss 16.30 and target 15.35/15.05 levels.
