- USD/CNY is currently trading around 6.5322 marks.
- It made intraday high at 6.5406 and low at 6.5008 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.4899 marks.
- A sustained close above 6.5026 marks will test key resistances at 6.5407, 6.5580, 6.5858 and 6.6042 marks respectively.
- Alternatively, a daily close below 6.5026 will drag the parity down towards key supports at 6.4899, 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 6.4893 / dlr vs last close 6.4950.
We prefer to take long position on USD/CNY around 6.5250, stop loss 6.5000 and target of 6.5580/6.5749.


Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major European Indices
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/USD biased higher but rally currently stretched 



