FxWirePro- Major European Indices 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major US Indices 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro- Major Pair levels and bias summary 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro- Woodies Pivot(Major) 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
- USD/CNY is currently trading around 6.4102 marks.
- It made intraday high at 6.4174 and low at 6.4102 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 6.4190 marks.
- A sustained close above 6.4190 marks will test key resistances at 6.4278, 6.4329, 6.4525 and 6.4730 marks respectively.
- Alternatively, a daily close below 6.4190 will drag the parity down towards key supports at 6.3979, 6.3750, 6.3654, 6.3510, 6.3313 and 6.3210 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 6.4144 / dlr vs last close 6.4218.
- China May composite PMI increase to 54.6.
- China May NBS non - manufacturing PMI increase to 54.9 vs previous 54.8.
- China May NBS manufacturing PMI increase to 51.9 (forecast 51.3 ) vs previous 51.4.
We prefer to take short position on USD/CNY around 6.4120, stop loss 6.4200 and target of 6.3979/6.3750.
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