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FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major European Indices 
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- USD/CNY is currently trading around 6.7245 marks.
- It made intraday high at 6.7337 and low at 6.7194 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 6.7194 marks.
- A sustained close above 6.7194 marks will test key resistances at 6.7422, 6.7510, 6.7778 and 6.8072 marks respectively.
- Alternatively, a daily close below 6.7194 will drag the parity down towards key supports at 6.6894, 6.6722, 6.6650, 6.6540 and 6.62 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- PBOC sets yuan mid-point at 6.7151 / dlr vs last close 6.7198.
- China Jan 2019 house prices yy increase to 10 % vs previous 9.7 %.
We prefer to take short position on USD/CNY only below 6.7194, stop loss at 6.7422 and target of 6.6894/6.6722.
