FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000 
USD/CHF Retreats to Key Trend-Line Wall; Buy-Above-0.8000 Strategy Targets Sharp Rally to 0.8150 
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target 
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217 
FxWirePro: USD/ZAR erases early gains ,looking vulnerable 
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown 
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains 
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside 
FxWirePro:GBP/USD recovers some ground but bears are not done yet 
FxWirePro: NZD/USD gains slightly but bearish outlook remains 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats 
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely 
- USD/CNY is currently trading around 7.0286 marks.
- It made intraday high at 7.0313 and low at 7.0257 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 7.0388 mark.
- A sustained close above 7.0388 marks will test key resistances at 7.0540, 7.07 and 7.0920 marks respectively.
- Alternatively, a daily close below 7.0262 will drag the parity down towards key supports at 7.0180, 7.0074, 6.9765, 6.9525, 6.9297 and 6.88 marks respectively.
- 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 on USD/CNY only below 7.0198, stop loss at 7.0420 and target of 7.0074/6.9765.
