FxWirePro- Major Pair levels and bias summary 
FxWirePro : EUR/NZD gains upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize 
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2 
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves 
FxWirePro: USD/CAD eases slightly but trend is still bullish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro: USD/ZAR extends decline, scope for further downside 
- USD/CNY is currently trading around 6.3425 marks.
- It made intraday high at 6.3434 and low at 6.3286 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.3168 mark.
- A sustained close above 6.3280 marks will test key resistances at 6.3501, 6.3625, 6.3855 and 6.4017 marks respectively.
- Alternatively, a daily close below 6.3280 will drag the parity down towards key supports at 6.3168, 6.2942, 6.2827, 6.2584, 6.2322, 6.2196 and 6.1907 marks respectively.
- PBOC sets yuan mid-point at 6.3352 / dlr.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- China Feb Caixin manufacturing PMI final increase to 51.6 (forecast 51.3 ) vs previous 51.5.
We prefer to take long position on USD/CNY around 6.3380, stop loss at 6.3168 and target of 6.3625.
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