• USD/ CNY dipped on Wednesday as China's yuan firmed on strong PBOC fixing despite US-Sino tensions.
• The People's Bank of China set the midpoint rate at 7.0995 per dollar, its strongest since November 6 and a breakthrough of the closely watched 7.1 level.
•The yuan’s spot rate is allowed to move 2% in either direction from the daily midpoint set by the PBOC
•China aims to keep the yuan exchange rate generally stable and balanced, a bank official told a publication supported by the central bank on Tuesday.
• Despite lingering trade tensions, the currency firmed after President Trump suggested scaling back some trade with China, such as cooking oil imports, marking the latest move in a week of reciprocal measure.
• Immediate resistance is located at 7.135(Oct 9th high), any close above will push the pair towards 7.144(38.2%fib).).
• Support is seen at 7.122(SMA 20) and break below could take the pair towards 7.102(23.6%fib).
Recommendation: Good to sell around 7.130 with stop loss of 7.145 and target price of 7.115


FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro- Major Crypto levels and bias summary
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: USD/ CNY gains some upside momentum but still bearish
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 



