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FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major European Indices 
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FxWirePro- Major Pair levels and bias summary 
- USD/CNY is currently trading around 6.7150 marks.
- It made intraday high at 6.7177 and low at 6.7111 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 6.7210 marks will test key resistances at 6.7422, 6.7510, 6.7778 and 6.8072 marks respectively.
- Alternatively, a daily close below 6.7050 will drag the parity down towards key supports at 6.6853, 6.6650, 6.6540 and 6.6234 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- PBOC sets yuan mid-point at 6.7141 / dlr vs last close 6.7150.
We prefer to take long position on USD/CNY only above 6.7210, stop loss at 6.7000 and target of 6.7422/6.7510.
