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FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
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FxWirePro- Major European Indices 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
- USD/CNY is currently trading around 6.4131 marks.
- It made intraday high at 6.4135 and low at 6.4076 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 6.4175 marks.
- A sustained close above 6.4095 marks will test key resistances at 6.4175, 6.4278, 6.4329, 6.4525 and 6.4730 marks respectively.
- Alternatively, a daily close below 6.4095 will drag the parity down towards key supports at 6.3979, 6.3750, 6.3654, 6.3510, 6.3313 and 6.3210 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets yuan mid-point at 6.4078 / dlr vs last close 6.4070.
- China May Caixin manufacturing PMI final stays flat at 51.1 (forecast 51 ) vs previous 51.1.
We prefer to take long position on USD/CNY around 6.4120, stop loss 6.3997 and target of 6.4330.
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