UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/USD dips on UK GDP data miss 
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FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
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FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
- USD/ZAR is currently trading around 14.86 levels.
- It made intraday high at 14.88 and low at 14.76 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.72 marks.
- A daily close below 14.72 will drag the parity down towards key supports at 14.43(20D EMA), 14.28 and 14.19 (May 03, 2016 low) levels respectively.
- Alternatively, a daily close above 14.96 will take the parity higher towards key resistances around 15.28, 15.45, 15.66, 15.77, 15.86(February 29, 2016 high) and 16.15 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend. Current upside movement is short term trend correction only.
We prefer to take long position on USD/ZAR only above 14.96 with stop loss at 14.72 and target 15.28/ 15.45 marks.
