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FxWirePro- Major Pair levels and bias summary 
- USD/CNY is currently trading around 7.1334 marks.
- It made intraday high at 7.1345 and low at 7.1287 levels.
- Intraday bias remains bullish for the moment.
- A sustained close above 7.1313 marks will test key resistances at 7.1548, 7.1877, 7.2095, 7.3645 and 7.58 marks respectively.
- Alternatively, a daily close below 7.1301 will drag the parity down towards key supports at 7.1080, 7.0621, 7.0497, 7.0108, 6.97, 6.9297 and 6.88 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Chinese industrial profit y/y Aug stands at -2.00 pct vs 2.6 pct previous release.
We prefer to take long position on USD/CNY only above 7.1350, stop loss at 7.1050 and target 7.1548/7.17.
