FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000 
FxWirePro: NZD/USD gains slightly but bearish outlook remains 
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support 
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target 
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown 
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD edges lower but bias is bullish 
EUR/USD Relief Rally Crashes Into 200/365 EMA Wall: Sell-on-Rise Near 1.1600 Targets 1.1435 
USD/CHF Retreats to Key Trend-Line Wall; Buy-Above-0.8000 Strategy Targets Sharp Rally to 0.8150 
FxWirePro- Major European Indices 
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50 
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target 
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention 
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217 
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50 
- USD/CNY is currently trading around 7.0280 marks.
- It made intraday high at 7.0363 and low at 7.0252 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 7.0416 mark.
- A sustained close above 7.0388 marks will test key resistances at 7.0540, 7.07 and 7.0920 marks respectively.
- Alternatively, a daily close below 7.0262 will drag the parity down towards key supports at 7.0180, 7.0074, 6.9765, 6.9525, 6.9297 and 6.88 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/CNY around 7.0320, stop loss at 7.0420 and target of 7.0180/7.0074.
