EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely 
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD eases slightly, focus on near-term support 
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout 
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening 
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR gains some ground, but downtrend remains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY edges lower, scope for further downside 
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize 
FxWirePro- Major Pair levels and bias summary 
- USD/CNY is currently trading around 6.6047 marks.
- It made intraday high at 6.6143 and low at 6.6035 levels.
- Intraday bias remains slightly bearish for the moment.
- A sustained close above 6.6090 marks will test key resistances at 6.6121, 6.6210, 6.6326, 6.6405, 6.6464, 6.6510, 6.6615, 6.6673, 6.6735 and 6.6964 marks respectively.
- Alternatively, a daily close below 6.6090 will drag the parity down towards key supports at 6.5839, 6.5710, 6.5635, 6.5456 and 6.5371 marks respectively.
- PBOC sets yuan mid-point at 6.6034/ dlr vs last close 6.6200.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart
- China Nov 2017 NBS non - manufacturing PMI increase to 54.8 index vs previous 54.3 index.
- China Nov 2017 NBS manufacturing PMI increase to 51.8 (forecast 51.4) vs previous 51.6.
We prefer to take short position on USD/CNY around 6.6060, stop loss 6.6210 and target of 6.5839.
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