- USD/CNY is currently trading around 6.6280 marks.
- It made intraday high at 6.6397 and low at 6.6262 levels.
- Intraday bias remains neutral till the time pair holds key support at 6.6223 marks.
- On the top side, a sustained close above 6.65 mark will test key resistances at 6.6650, 6.6876, 6.7017, 6.7583 and 6.8158 marks respectively.
- Alternatively, a daily close below 6.6223 will drag the parity down towards key supports at 6.6110, 6.6042, 6.5930, 6.5710, 6.5510 (20D EMA), 6.5369, 6.5758, 6.4910, 6.4721 and 6.4531 levels.
- PBOC sets Yuan mid-point at 6.6305/ dollar vs last close 6.6370.
We prefer to take short position in USD/CNY only below 6.6223, stop loss 6.6480 and target 6.6110/6.6042.


FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: USD/CAD recovers slightly but trend is still bearish 



