FxWirePro: USD/ CNY hits one-month low,scope for futher downside 
FxWirePro: USD/CAD slips after Fed holds rates steady 
FxWirePro : GBP/NZD strongly bearish despite upside attempts 
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 
FxWirePro: AUD/USD dips below lower range, bearish bias increases 
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains 
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision 
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
- USD/CNY is currently trading around 7.0044 marks.
- It made intraday high at 7.0328 and low at 7.0011 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 7.0328 mark.
- A sustained close above 7.0282 marks will test key resistances at 7.0388, 7.0425, 7.05, 7.0670 and 7.1030 marks respectively.
- Alternatively, a daily close below 7.0282 will drag the parity down towards key supports at 6.9762, 6.9510, 9.94, 6.9240, 6.90 and 6.8788 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/CNY only below 6.9950, stop loss at 7.0330 and target of 6.9525/6.9240.
