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FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
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FxWirePro: USD/CNY edges lower, scope for further downside 
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AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
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NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90 
- USD/CNY is currently trading around 6.5029 marks.
- It made intraday high at 6.5041 and low at 6.4969 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.4969 mark.
- A sustained close above 6.4969 marks will test key resistances at 6.5092, 6.5333, 6.5585, 6.5749, 6.6050 and 6.6210 marks respectively.
- Alternatively, a daily close below 6.4969 will drag the parity down towards key supports at 6.4732, 6.4535, 6.4426 and 6.4355 marks respectively.
- PBOC sets yuan mid-point at 6.4968/ dlr vs last close 6.4984.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take long position on USD/CNY around 6.5000, stop loss 6.4790 and target of 6.5333.
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