FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets 
FxWirePro- Major European Indices 
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock 
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction 
FxWirePro- Major Crypto levels and bias summary 
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw 
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part 
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge 
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration 
FxWirePro: USD/CNY falls to three-year high, scope for further downside 
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite 
- 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.
