Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro- Woodies Pivot(Major) 
- USD/CNY is currently trading around 6.6093 marks.
- It made intraday high at 6.6390 and low at 6.6066 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.5758 marks.
- A sustained close above 6.6246 marks will test key resistances at 6.6418, 6.6510, 6.6724 and 6.6801 marks respectively.
- Alternatively, a daily close below 6.6246 will drag the parity down towards key supports at 6.5991, 6.5758, 6.5500, 6.5340 and 6.5008 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 6.6166 / dlr vs last close 6.6248.
- China sets yuan mid-point at weakest level since December 13, 2017.
We prefer to take long position on USD/CNY around 6.5950, stop loss 6.5750 and target of 6.6418.
