FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
- USD/CNY is currently trading around 6.7926 marks.
- It made intraday high at 6.8010 and low at 6.7769 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.7540 marks.
- On the top side, a sustained close above 6.7850 marks will test key resistances at 6.8025 and 6.8158 marks respectively.
- Alternatively, a daily close below 6.7540 will drag the parity down towards key supports at 6.7439, 6.7370, 6.7288, 6.7180 and 6.7055.
- PBOC sets Yuan mid-point at 6.7885/ dollar vs last close 6.7777.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take long position in USD/CNY around 6.7850, stop loss at 6.7540 and target of 6.8025/6.8158.
