FxWirePro: USD/ZAR continues to recovers , upside pressure builds 
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade 
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock 
FxWirePro: GBP/NZD reverses course, bias back to downside 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/USD stuck in range but maintains bearish bias 
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite 
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction 
FxWirePro: USD/CNY falls to three-year high, scope for further downside 
FxWirePro: USD/JPY steadies around 158.75, bias bullish 
FxWirePro: GBP/AUD takes back some lost ground 
FxWirePro:NZD/USD continues to recovers , upside pressure builds 
FxWirePro- Major Pair levels and bias summary 
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part 
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede 
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted 
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential 
- USD/CNY is currently trading around 6.8360 marks.
- It made intraday high at 6.8454 and low at 6.8334 levels.
- Intraday bias remains slightly bearish 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. Current downside movement is short term trend correction only.
- PBOC sets yuan mid-point at 6.8357 / dlr vs last close 6.8460.
We prefer to take short position on USD/CNY around 6.84, stop loss at 6.8570 and target of 6.8215.
