- 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- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: AUD/USD eases as investors await U.S. employment figures
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro: NZD/USD retreats as Middle East instability weighs
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR gains some ground, but downtrend remains 



