Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
- USD/CNY is currently trading around 6.6232 marks.
- It made intraday high at 6.6411 and low at 6.6228 levels.
- Intraday bias remains bearish till the time pair holds immediate resistance at 6.6660 mark.
- A sustained close above 6.6395 marks will test key resistances at 6.6660, 6.6855, 6.7167, 6.7310, 6.7444 and 6.7676 marks respectively.
- Alternatively, a daily close below 6.6395 will drag the parity down towards key supports at 6.5991, 6.5758, 6.5500, 6.5340 and 6.5008 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- PBOC sets yuan mid-point at 6.6393 / dlr vs last close 6.6489.
We prefer to take short position on USD/CNY around 6.6270, stop loss 6.6412 and target of 6.5991.
