- USD/CNY is currently trading around 6.8606 marks.
- It made intraday high at 6.8730 and low at 6.8590 levels.
- Intraday bias remains bullish for the moment.
- A sustained close above 6.8555 marks will test key resistances at 6.8638, 6.8774 and 6.8938 marks respectively.
- Alternatively, a daily close below 6.8555 will drag the parity down towards key supports at 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 6.8488 / dlr vs last close 6.8557.
We prefer to take long position on USD/CNY around 6.8590, stop loss at 6.8420 and target of 6.8774.


FxWirePro: GBP/AUD takes back some lost ground
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: USD/CNY falls to three-year high, scope for further downside
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
FxWirePro- Major Crypto levels and bias summary 



