• USD/CNY declined on Tuesday as Beijing's surprise shift in its monetary policy stance toward more easing bolstered Chinese yuan
• China's Politburo announced on Monday plans for an "appropriately loose" monetary policy next year, the first easing in 14 years.
• The market interpreted the announcement as a signal that China's leaders are more focused on tackling ongoing economic challenges and mitigating the impact of potential U.S. tariffs.
• At GMT 15:27,the dollar was down 0.13% at 7.250 against Chinese Yuan.
• Immediate resistance is located at 7.262 (Daily high), any close above will push the pair towards 7.280(Higher BB).
• Support is seen at 7.242 (38.2%fib) and break below could take the pair towards 7.218 (Lower BB).
Recommendation: Good to sell around 7.260 with stop loss of 7.360 and target price of 7.200


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro: AUD/USD firms after RBA governor Bullock comments
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
FxWirePro- Woodies Pivot (Major)
JPY Major Currency Score
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails 



