- USD/CNY is currently trading around 6.5046 marks.
- It made intraday high at 6.5051 and low at 6.4712 levels.
- Intraday bias remains bullish for the moment.
- A sustained close above 6.4712 marks will test key resistances at 6.5345, 6.5580, 6.5858 and 6.6042 marks respectively.
- Alternatively, a daily close below 6.4712 will drag the parity down towards key supports at 6.4639, 6.4378, 6.4125 and 6.4017 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 6.4706 / dlr vs last close 6.4750.
We prefer to take long position on USD/CNY around 6.4950, stop loss 6.4712 and target of 6.5580.


FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major Pair levels and bias summary
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: GBP/USD bulls remain cautiously optimistic
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 



