FxWirePro- Major European Indices 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: GBP/AUD moves lower on weak UK data 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major Pair levels and bias summary 
- USD/ZAR is currently trading around 13.87 levels.
- It made intraday high at 13.93 and low at 13.86 levels.
- Intraday bias remains bearish till the time pair holds major resistance at 14.21 levels.
- A daily close above 14.21 will take the parity higher towards key resistances around 14.32, 14.52, 14.68, 14.96, 15.05, 15.28, 15.45, 15.66, 15.77, 15.86(February 29, 2016 high) and 16.15 marks respectively.
- Alternatively, a daily close below 13.90 will drag the parity down towards key supports at 13.65, 13.38, 13.19, 13.00, 12.82 and 12.58 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Africa will release CPI as well core CPI data at 0800 GMT.
We prefer to go short on USD/ZAR only below 13.83, stop loss at 14.21 and target of 13.65/13.43.
