NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
- US dollar pulled back from three and half month high on account of decline in oil prices and interest rate hike by U.S Fed. Loonie hits low of 1.31650 and shown a minor jump from that level. It is currently trading around 1.32372.
- BOC chance of rate hike this year have surged 87% after better than expected Canadian jobs data. Crude oil prices slumped to their lowest in seven months after unexpected buildup in inventories.
- USD/CAD broken the major support 1.3220 and declined slightly from that level. Any close below confirms the top formed at 1.37935 and a decline till 1.2968 (Jan 31st 2017 low) likely.
- On the higher side, near major resistance is around 1.3325 (200- day MA) and any break above confirms minor bullishness and a jump till 1.3380/1.3480/1.3570 is likely.
It is good to sell on rallies around 1.3245-1.3250 with SL around 1.3325 for the TP of 1.3000/1.2968.
