- USD/CNY is currently trading around 6.8850 marks.
- It made intraday high at 6.8851 and low at 6.8555 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.8348 mark.
- A sustained close above 6.8545 marks will test key resistances at 6.8886, 6.9120, 6.9210, 6.9396, 6.9525 and 6.9620 marks respectively.
- Alternatively, a daily close below 6.8545 will drag the parity down towards key supports at 6.8348, 6.8210, 6.8095, 6.8020 and 6.7864 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 6.8599 / dlr vs last close 6.8580.
We prefer to take long position on USD/CNY around 6.8750, stop loss at 8.8348 and target of 6.96.


FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: GBP/AUD drifts lower after BOE rate decision
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro- Woodies pivot (Major)
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 



