- USD/CNY is currently trading around 6.9214 marks.
- It made intraday high at 6.9250 and low at 6.9157 levels.
- Intraday bias remains bullish for the moment.
- A sustained close above 6.9180 marks will test key resistances at 6.9210, 6.9347, 6.9525, 6.9620 and 6.9850 marks respectively.
- Alternatively, a daily close below 6.9180 will drag the parity down towards key supports at 6.8828, 6.8670, 6.8420, 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.
- PBOC sets yuan mid-point at 6.9154 / dlr vs last close 6.9146.
We prefer to take long position on USD/CNY only above 6.93 mark, stop loss at 6.88 and target of 6.9620 mark.


FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro- Major Crypto levels and bias summary 



