FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
FxWirePro: USD/CNY gains some ground but bearish outlook persists 
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FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
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FxWirePro: USD/ZAR sustains gains as uptrend remains strong 
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FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD recovers but bears are not done yet again 
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FxWirePro: AUD/USD downside pressure builds, key support level in focus 
- USD/CNY is currently trading around 7.00 marks.
- It made intraday high at 7.0089 and low at 6.9918 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 6.9765 mark.
- A sustained close above 6.9953 marks will test key resistances at 7.0303, 7.0540 and 7.0920 marks respectively.
- Alternatively, a daily close below 6.9765 will drag the parity down towards key supports at 6.9525, 6.9297 and 6.88 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position on USD/CNY around 7.00, stop loss at 6.9900 and target of 7.0303/7.0540.
