- USDCNY is currently trading around 6.5130 levels.
- It made intraday high at 6.5138 and low at 6.5035 levels.
- The People's Bank of China set the Yuan reference rate at 6.5150 today, up from Wednesday's midpoint of 6.4936, representing a Yuan devaluation of 0.33%.
- Intraday bias remains bullish for the moment.
- A current rebound from key support 6.4682 will drag the parity back above 6.5147/ 6.5508 marks.
- Alternatively, a sustained break below 6.4910 tests another support around 6.4525/6.4351 levels.
We prefer to take long position in USD/CNY only above 6.5147, stop loss 6.4910 and target 6.5354 levels.


FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro: USD/CAD hits two-month low as oil prices rise
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary




