FxWirePro: EUR/AUD eases slightly but trend is still bullish 
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD range to extend until there is game changing news 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 
FxWirePro: USD/CNY gains some ground but bearish outlook persists 
FxWirePro: GBP/USD recovers but bears are not done yet again 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR sustains gains as uptrend remains strong 
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm 
- USD/CNY is currently trading around 7.0754 marks.
- It made intraday high at 7.0793 and low at 7.0661 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 7.0753 marks will test key resistances at 7.0960, 7.1152, 7.1548, 7.1877, 7.2095, 7.3645 and 7.58 marks respectively.
- Alternatively, a daily close below 7.0753 will drag the parity down towards key supports at 7.0497, 7.0108, 6.97, 6.9297 and 6.88 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- China industrial production y/y 4.4 pct vs 4.8 pct previous release (expected 5.2 pct).
- China retail sales y/y 7.5 pct vs 7.6 pct previous release (expected 7.9 pct).
We prefer to take long position on USD/CNY only above 7.0850, stop loss at 7.0497 and target 7.0960/7.1152.
