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FxWirePro: GBP/AUD takes back some lost ground 
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FxWirePro- Major European Indices 
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FxWirePro- Woodies Pivot(Major) 
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FxWirePro:NZD/USD continues to recovers , upside pressure builds 
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FxWirePro: EUR/NZD remains under pressure as key support gives way 
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FxWirePro: USD/CNY falls to three-year high, scope for further downside 
- USD/CNY is currently trading around 6.8762 marks.
- It made intraday high at 6.8792 and low at 6.8703 levels.
- Intraday bias remains bullish for the moment.
- A sustained close above 6.8705 marks will test key resistances at 6.8810, 6.8938, 6.9050 and 6.9248 marks respectively.
- Alternatively, a daily close below 6.8705 will drag the parity down towards key supports at 6.8420, 6.8215, 6.7980, 6.7864, 6.7624, 6.7510 and 6.7160 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets yuan mid-point at 6.8546 / dlr vs last close 6.8719.
We prefer to take long position on USD/CNY around 6.8735, stop loss at 6.8420 and target of 6.9050.
