- USD/CNY is currently trading around 6.3738 marks.
- It made intraday high at 6.3753 and low at 6.3659 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.3650 mark.
- A sustained close above 6.3660 marks will test key resistances at 6.3777, 6.3927, 6.4017, 6.4178 and 6.4329 marks respectively.
- Alternatively, a daily close below 6.3660 will drag the parity down towards key supports at 6.3510, 6.3313, 6.3210, 6.3000 and 6.2892 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets yuan mid-point at 6.3773 / dlr vs last close 6.3654.
We prefer to take long position on USD/CNY only above 6.3777, stop loss 6.3650 and target of 6.4017.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major European Indices
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 



