- USD/CNY is currently trading around 6.8022 marks.
- It made intraday high at 6.8059 and low at 6.7987 levels.
- Intraday bias remains slightly bullish for the movement.
- A sustained close above 6.8038 marks will test key resistances at 6.8099, 6.8250, 6.8440, 6.8526, 6.8671, 6.8882, 6.8942, 6.9010 marks 6.9080 marks respectively.
- Alternatively, a daily close below 6.8038 will drag the parity down towards key supports at 6.7957, 6.7757, 6.7607, 6.7520, 6.7436 and 6.7222 marks respectively.
- PBOC sets yuan mid-point at 6.7964/ dlr vs last close 6.8067.
We prefer to take long position in USD/CNY around 6.8000, stop loss at 6.7925 and target of 6.8352.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro- Major Pair levels and bias summary
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: USD/JPY holding bid into weekend
FxWirePro- Woodies Pivot(Major)
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Major European Indices 



