NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro: GBP/AUD edges lower, bearish outlook persists 
FxWirePro: USD/ZAR extends decline, scope for further downside 
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next? 
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely 
FxWirePro: USD/CAD eases slightly but trend is still bullish 
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch 
- USD/ZAR is currently trading around 11.94 levels.
- It made intraday high at 12.02 and low at 11.92 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 12.20 mark.
- A daily close above 12.20 will take the parity higher towards key resistances around 12.32, 12.45, 12.61, 12.77 and 12.90 marks respectively.
- Alternatively, a daily close below 11.82 will drag the parity down towards key supports at 11.73, 11.55 and 11.24 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/ZAR around 12.00, stop loss at 12.20 and target of 11.82/11.73.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
