FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: EUR/AUD under pressure as key support gives way 
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro- Major Pair levels and bias summary 
- USD/CNY is currently trading around 6.5887 marks.
- It made intraday high at 6.5971 and low at 6.5796 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 6.6227 mark.
- A sustained close above 6.5940 marks will test key resistances at 6.6227, 6.6673, 6.6735, 6.6814, 6.7055, 6.7206, 6.7289, 6.7373, 6.7486, 6.7529, 6.7668 and 6.7776 marks respectively.
- Alternatively, a daily close below 6.5940 will drag the parity down towards key supports at 6.5505, 6.5357, 6.4910 and 6.4538 marks respectively.
- PBOC sets yuan mid-point at 6.6102/ dlr vs last close 6.5956.
- China sets the yuan mid-point at the strongest level since August 17, 2016.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/CNY around 6.5932, stop loss at 6.6227 and target of 6.5505.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
