FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains 
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target 
FxWirePro: GBP/USD falls to two-week low on strong US jobs data 
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside 
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains 
FxWirePro: USD/ZAR erases early gains ,looking vulnerable 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD holds narrow range, focus on near-term support 
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50 
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention 
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97 
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188 
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown 
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525 
FxWirePro: GBP/NZD edges lower but bias is bullish 
- USD/CNY is currently trading around 7.0161 marks.
- It made intraday high at 7.0170 and low at 6.9363 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.9550 mark.
- A sustained close above 7.0123 marks will test key resistances at 7.0388, 7.07 and 7.0920 marks respectively.
- Alternatively, a daily close below 6.9550 will drag the parity down towards key supports at 6.9210, 6.90, 6.8658, 6.84 and 6.8222 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- China’s Caixin manufacturing PMI stands at 51.1 pct vs 51.5 pct previous release (expected 51.0).
We prefer to take long position on USD/CNY around 6.9850, stop loss at 6.9210 and target of 7.07.
