FxWirePro: USD/ZAR continues to recovers , upside pressure builds 
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge 
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets 
FxWirePro- Major European Indices 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD reverses course, bias back to downside 
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede 
FxWirePro- Major European Indices 
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 
FxWirePro: GBP/USD stuck in range but maintains bearish bias 
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying 
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw 
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High 
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows 
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock 
- USD/CNY is currently trading around 7.0248 marks.
- It made intraday high at 7.0394 and low at 7.0178 levels.
- Intraday bias remains slightly bearish for the moment.
- A sustained close above 7.0612 marks will test key resistances at 7.0694, 7.12, 7.3645 and 7.58 marks respectively.
- Alternatively, a daily close below 7.0240 will drag the parity down towards key supports at 6.9861, 6.9525, 6.9362, 6.8649 and 6.8492 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 porduction y/y at 4.8 pct vs 6.3 pct previous release.
- China retail sales y/y at 7.6 pct vs 9.8 pct previous release.
- China unemployment rate at 5.3 pct vs 5.1 pct previous release.
We prefer to take short position on USD/CNY around 7.0270, stop loss at 7.04 and target of 7.0149/6.9861.
