- USD/CNY is currently trading around 6.9283 marks.
- It made intraday high at 6.9408 and low at 6.9181 levels.
- Intraday bias remains slightly bullish for the moment.
- A sustained close above 6.9248 marks will test key resistances at 6.9450, 6.9768, 6.9850, 6.9929 and 6.9980 marks respectively.
- Alternatively, a daily close below 6.9160 will drag the parity down towards key supports at 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 6.9065 / dlr vs last close 6.9177.
We prefer to take long position on USD/CNY around 6.9250, stop loss at 6.8894 and target of 6.9768.


FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro- Major European Indices
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying 



