- USD/CNY is currently trading around 6.8620 marks.
- It made intraday high at 6.8656 and low at 6.8558 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 6.8705 marks will test key resistances at 6.8792, 6.8810, 6.8938, 6.9050 and 6.9248 marks respectively.
- Alternatively, a daily close below 6.8420 will drag the parity down towards key supports at 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 6.8440 / dlr vs last close 6.8600.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro- Major Crypto levels and bias summary
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices 



