FxWirePro: USD/CNY falls to three-year high, scope for further downside 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 
FxWirePro: GBP/USD stuck in range but maintains bearish bias 
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High 
FxWirePro: AUD/USD slips amid wavering risk sentiment 
FxWirePro: USD/JPY edges up as yen dips after soft household spending data 
FxWirePro- Major Pair levels and bias summary 
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part 
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD reverses course, bias back to downside 
FxWirePro: GBP/NZD edges up, remains on front foot 
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel 
FxWirePro: EUR/AUD eases as market awaits Iran deadline 
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom 
- USD/CNY is currently trading around 7.0732 marks.
- It made intraday high at 7.0863 and low at 7.0679 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 7.0913 mark.
- A sustained close above 7.0913 marks will test key resistances at 7.0982, 7.1022, 7.1095 and 7.1266 marks respectively.
- Alternatively, a daily close below 7.0710 will drag the parity down towards key supports at 7.0650, 7.0525, 7.0449, 7.0319, 7.0285, 7.01, 7.0076, 6.9857 and 6.9510 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.
We prefer to take short position in USD/CNY around 7.0770, stop loss at 7.0970 and target of 7.0525/7.0319.
