FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro- Major Crypto levels and bias summary 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
FxWirePro- Major Pair levels and bias summary 
- Pair is currently trading around 4.2923.
- It made intraday high at 4.2965 and low at 4.2890 levels.
- Intraday bias remains slightly bearish for the moment.
- A sustained close above 4.3020 will drag the parity up towards key resistances around 4.3259, 4.3310 and 4.3408 marks respectively.
- Alternatively, reversal from key resistance will take the parity back around 4.2855, 4.2810, 4.2735, 4.2640, 4.2218, 4.2005 and 4.1915 levels thereafter.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Malaysia will release industrial output data at 0400 GMT.
We prefer to take short position in USD/MYR around 4.2940, stop loss 4.3020 and target 4.2855/4.2810/4.2725 levels.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
