GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro- Woodies Pivot(Major) 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro- Major Pair levels and bias summary 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
- USD/CNY is currently trading around 6.8573 marks.
- It made intraday high at 6.8686 and low at 6.8559 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 6.87 mark.
- A sustained close above 6.87 marks will test key resistances at 6.8867, 6.8916, 6.9080, 6.9162, 6.9336, 6.9496, 6.9615, 6.9778 and 6.9883 marks respectively.
- Alternatively, a daily close below 6.87 will drag the parity down towards key supports at 6.8510, 6.8465, 6.8333, 6.8298, 6.8090 and 6.7769 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- PBOC sets Yuan mid-point at 6.8629/dollar vs last close 6.8710.
We prefer to take short position in USD/CNY around 6.86, stop loss at 6.8751 and target of 6.8465/6.8359.
