- USD/CNY is currently trading around 6.9368 marks.
- It made intraday high at 6.9413 and low at 6.9262 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.8898 mark.
- A sustained close above 6.9289 marks will test key resistances at 6.9347, 6.9456, 6.9525, 6.9620 and 6.9850 marks respectively.
- Alternatively, a daily close below 6.9274 will drag the parity down towards key supports at 6.9210, 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 6.9275 / dlr vs last close 6.9235.
We prefer to take long position on USD/CNY around 6.93, stop loss at 6.8898 and target of 6.9620.


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro- Major Pair levels and bias summary
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro- Major Pair levels and bias summary
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro- Major European Indices
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction 



