NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
- USD/CNY is currently trading around 6.9453 marks.
- It made intraday high at 6.9488 and low at 6.9320 levels.
- Intraday bias remains slightly bullish for the moment.
- A sustained close above 6.9317 marks will test key resistances at 6.9515, 6.9768, 6.9850, 6.9929 and 6.9980 marks respectively.
- Alternatively, a daily close below 6.9317 will drag the parity down towards key supports at 6.9210, 6.8894, 6.8670, 6.8420 and 6.8215 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 6.9329 / dlr vs last close 6.9340.
We prefer to take long position on USD/CNY around 6.9400, stop loss at 6.9210 and target of 6.9768.
