FxWirePro- Major Crypto levels and bias summary 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
FxWirePro- Woodies pivot (Major) 
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 
FxWirePro: AUD/ USD strongly bearish despite upside attempts 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling 
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
- USD/CNY is currently trading around 6.8743 marks.
- It made intraday high at 6.8820 and low at 6.8709 levels.
- Intraday bias remains slightly bearish 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 6.8492, 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. Current downside movement is short term trend correction only.
- China q/q GDP at 1.6 pct vs 1.4 pct previous release.
- China’s June y/y industrial production at 6.3 pct vs 5.0 pct previous release.
- China’s June y/y retail sales at 9.8 pct vs 8.6 pct previous release.
We prefer to take short position on USD/CNY around 6.8800, stop loss at 6.8870 and target of 6.8492.
