- USD/CNY is currently trading around 6.8786 marks.
- It made intraday high at 6.8821 and low at 6.8755 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 6.8924 marks will test key resistances at 6.90, 6.9150, 6.9297, 6.94, 6.9548 and 6.9750 marks respectively.
- Alternatively, a daily close below 6.8700 will drag the parity down towards key supports at 6.8649, 6.8492, 6.8331, 6.8210, 6.80 and 6.7813 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
Positioning is inconclusive at this point. We remain sideways for the time being.


FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR edges higher, set to stay on back foot
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: AUD/ USD strongly bearish despite upside attempts
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: USD/ZAR bears maintain upper hand
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 



