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AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115 
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- USD/CNY is currently trading around 6.6125 marks.
- It made intraday high at 6.6130 and low at 6.6070 levels.
- Intraday bias remains slightly bullish for the moment.
- A sustained close above 6.6089 marks will test key resistances at 6.6121, 6.6210, 6.6326, 6.6405, 6.6464, 6.6510, 6.6615, 6.6673, 6.6735 and 6.6964 marks respectively.
- Alternatively, a daily close below 6.6089 will drag the parity down towards key supports at 6.5839, 6.5710, 6.5635, 6.5456 and 6.5371 marks respectively.
- PBOC sets yuan mid-point at 6.6067/ dlr vs last close 6.6090.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- China Nov 2017 Caixin manufacturing PMI final decrease to 50.8 index (forecast 50.9 index) vs previous 51 index.
We prefer to take long position on USD/CNY around 6.6100, stop loss 6.5950 and target of 6.6210/6.6326.
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