• USD/CNY eased modestly on Thursday as investors assessed prospects for an Iran peace deal, while looking ahead to looming domestic trade data for fresh clues on the currency's outlook.
• Markets stayed cautious as Gulf tensions persisted after reports that a proposed Iran-Oman deal could give Tehran control over inbound Strait of Hormuz traffic.
• Market participants will be watching Friday's trade data closely for signals on the strength of China's economy and the yuan's trajectory.
•Investors are also turning their attention to U.S. labour market data ahead of Friday's closely watched nonfarm payrolls report.
• Immediate resistance is located at 6.766(SMA20), any close above will push the pair towards 6.778(38.2%fib)
• Support is seen at 6.744(23.6%fib) and break below could take the pair towards 6.741 (Lower BB).
Recommendation: Good to sell around 6.750, with stop loss of 6.800 and target price of 6.720


FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD softens slightly , all eyes on Fed
AUDJPY Pullback Presents Selling Opportunity Above 110.50
Major Pair Currency Score: USDCAD and USDCHF Show Extreme Bullishness, EURUSD, GBPUSD, AUDUSD, and NZDUSD Bearish
FxWirePro: USD/CAD extends gains ahead of Fed rate decision
FxWirePro: GBP/AUD neutral in the near term, scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY edges lower ahead of Fed outcome
FxWirePro: EUR/NZD steadies 2.0030, retains bid tone
Pressure on the Rupee: INR Slides to Seven-Week Low Amid Triple Macro Threat
FxWirePro: EUR/AUD edges higher but outlook is bearish
FxWirePro: USD/JPY trades in tight range ahead of event risks
NZDJPY Faces Resistance: Sell on Rallies as Downtrend Favors Bears
FxWirePro: GBP/USD slips as oil surge and higher Treasury yields lift dollar
FxWirePro: NZD/USD edges lower ahead Of FOMC decision 



