- USD/CNY is currently trading around 7.0534 marks.
- It made intraday high at 7.0565 and low at 7.0498 levels.
- Intraday bias remains neutral till the time pair holds key support at 7.0368 mark.
- A sustained close above 7.0608 marks will test key resistances at 7.07, 7.0920, 7.1030 and 7.1477 marks respectively.
- Alternatively, a daily close below 7.0480 will drag the parity down towards key supports at 7.0180, 7.0074, 6.9765, 6.9525, 6.9297 and 6.88 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/CNY only below 7.0480, stop loss at 7.06 and target of 7.0368/7.0168.


Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD eases slightly but trend is still bullish 



