Thursday, October 15, 2026

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FxWirePro: USD/CNY breaks key resistance at 6.4910, next target 6.5182

Pair is currently supported above 6.50 marks and trading around 6.5042 levels. It made intraday high at 6.5055 and low at 6.4950 levels. Intraday bias remains bullish for the moment. A daily close below 6.4910 will drag …

By Cynthia Firey Eakin
1 min read
FxWirePro: USD/CNY breaks key resistance at 6.4910, next target 6.5182
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  • Pair is currently supported above 6.50 marks and trading around 6.5042 levels.

  • It made intraday high at 6.5055 and low at 6.4950 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A daily close below 6.4910 will drag the parity down towards key supports at 6.4736/6.4531 levels.
     
  • On the other side, a sustained close above 6.5182 will test key resistances at 6.5525 and 6.5708 levels.

We prefer to take long position in USD/CNY around 6.50, stop loss 6.4910 and target 6.5184/ 6.5525 levels.

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By FxWirePro Team