AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro- Major Pair levels and bias summary 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro- Woodies pivot (Major) 
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro: USD/CNY edges higher, outlook bearish 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
- USD/ZAR is currently trading around 12.48 levels.
- It made intraday high at 12.49 and low at 12.42 levels.
- Intraday bias remains bullish till the time pair holds key support at 12.30 mark.
- A daily close above 12.44 will take the parity higher towards key resistances around 12.52, 12.61, 12.77 and 12.90 marks respectively.
- Alternatively, a daily close below 12.44 will drag the parity down towards key supports at 12.30, 12.20, 12.02, 11.94, 11.84, 11.70, 11.62 and 11.53 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position on USD/ZAR around 12.47, stop loss at 12.40 and target of 12.90.
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