FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD edges higher but bearish outlook persists 
FxWirePro: EUR/ NZD under pressure after early buying dries up 
FxWirePro: GBP/AUD recovers slightly but outlook is still bearish 
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FxWirePro- Woodies pivot (Major) 
FxWirePro-Major European Indices 
FxWirePro: USD/ZAR gains upside momentum as bulls take charge 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst 
FxWirePro: NZD/USD edges lower as Geopolitical risks keep risk sentiment fragile 
FxWirePro: GBP/NZD continues to recovers , upside pressure builds 
FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge 
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus 
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800 
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains 
- USD/CNY is currently trading around 6.6426 marks.
- It made intraday high at 6.6427 and low at 6.6349 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 6.6405 marks will test key resistances at 6.6464, 6.6510, 6.6615, 6.6673, 6.6735 and 6.6964 marks respectively.
- Alternatively, a daily close below 6.6405 will drag the parity down towards key supports at 6.6210, 6.6039, 6.5839, 6.5710, 6.5635, 6.5456 and 6.5371 marks respectively.
- PBOC sets yuan mid-point at 6.6399/ dlr vs last close 6.6398.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- China Oct industrial output y/y decrease to 6.2 % (forecast 6.3 %) vs previous 6.6 %.
- China Oct retail sales y/y decrease to 10 % (forecast 10.4 %) vs previous 10.3 %.
- China Oct urban investment (ytd) y/y decrease to 7.3 % (forecast 7.4 %) vs previous 7.5 %.
We prefer to take long position on USD/CNY only above 6.6510, stop loss at 6.6398 and target of 6.6673.
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