- USD/CNY is currently trading around 6.9223 marks.
- It made intraday high at 6.9281 and low at 6.9177 levels.
- Intraday bias remains neutral for the moment. .
- A sustained close above 6.9179 marks will test key resistances at 6.9349, 6.9496, 6.9615, 6.9778 and 6.9883 marks respectively.
- Alternatively, a daily close below 6.9175 will drag the parity down towards key supports at 6.8983, 6.8720, 6.8510 and 6.8449 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets Yuan mid-point at 6.9235/ dollar vs last close 6.9245.
We prefer to take long position in USD/CNY around 6.9190, stop loss 6.8983 and target of 6.9496.


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/NZD steadies ahead of ECB meeting
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: USD/CAD recovers slightly but trend is still bearish
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 



