- USD/CNY is currently trading around 6.7112 marks.
- It made intraday high at 6.7113 and low at 6.7071 levels.
- Intraday bias remains slightly bullish for the moment.
- A sustained close above 6.7210 marks will test key resistances at 6.7380, 6.7422, 6.7510, 6.7778 and 6.8072 marks respectively.
- Alternatively, a daily close below 6.7060 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 6.7097 / dlr vs last close 6.7085.
- China March 2019 house prices yy increase to 10.6 % vs previous 10.4 %.
We prefer to take short position on USD/CNY only below 6.7000, stop loss at 6.7210 and target of 6.6853/6.6650.


FxWirePro- Major European Indices
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: USD/CNY dips as China’s yuan strengthens on Iran war de escalation hopes
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD loses momentum but outlook is bullish 



