NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
FxWirePro: NZD/USD turns lower as USD regains footing 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves 
- USD/ZAR is currently trading around 11.92 levels.
- It made intraday high at 11.94 and low at 11.91 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 12.02 mark.
- A daily close above 11.92 will take the parity higher towards key resistances around 12.02, 12.10, 12.21, 12.32, 12.45, 12.61, 12.77 and 12.90 marks respectively.
- Alternatively, a daily close below 11.92 will drag the parity down towards key supports at 11.84, 11.70, 11.62, 11.53, 11.24, 11.08, 10.90 and 10.60 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 11.94, stop loss at 12.05 and target of 11.70.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
