- USD/CNY is currently trading around 6.8312 marks.
- It made intraday high at 6.8326 and low at 6.8249 levels.
- Intraday bias remains slightly bullish for the moment.
- A sustained close above 6.8352 marks will test key resistances at 6.8526, 6.8671, 6.8882, 6.8942, 6.9010 marks 6.9080 marks respectively.
- Alternatively, a daily close below 6.8274 will drag the parity down towards key supports at 6.8174, 6.8057, 6.7887, 6.7769, 6.7626, 6.7520 and 6.7436 marks respectively.
- PBOC sets yuan mid-point at 6.8197/ dlr vs last close 6.8299.
We prefer to take long position in USD/CNY only above 6.8352, stop loss at 6.8174 and target of 6.8526.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/CAD extends decline on broad dollar weakness
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/JPY holding bid into weekend
FxWirePro- Major European Indices
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 



