- USD/CNY is currently trading around 6.9430 marks.
- It made intraday high at 6.9439 and 1low at 6.9419 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 6.9450 marks will test key resistances at 6.9525, 6.9620 and 6.9850 marks respectively.
- Alternatively, a daily close below 6.9210 will drag the parity down towards key supports at 6.8898, 6.8670, 6.8420, 6.8215, 6.7980, 6.7864, 6.7624, 6.7510 and 6.7160 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 6.9409 / dlr vs last close 6.9422.
We prefer to take long position on USD/CNY only above 6.9450, stop loss 6.9210 and target of 6.9620/6.9748.


FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro- Major European Indices
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD stuck in range but maintains bearish bias
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock 



