- Pair is supported above 6.4900 levels.
- Key support falls at 6.4910 levels and daily close below will take the parity towards key support are at 6.4736 marks.
- On the other side, reversal from 6.49 levels will turn the bias bullish again and take the parity around key resistance at 6.5134/6.56 levels thereafter.
- Over the weekend, china released number of economic data.
- China’s industrial output of all industries rose 5.4% in the January-February period from a year earlier, slowing down from 5.9% growth seen in December.
- In addition, China’s retail sales rose less than expected by 10.2% in the January-February period.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro- Woodies Pivot(Major)
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro- Woodies Pivot(Major)
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro- Major Crypto levels and bias summary




