FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
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FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
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FxWirePro: USD/CNY gains some ground but bearish outlook persists 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD eases slightly but trend is still bullish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD recovers but bears are not done yet again 
FxWirePro: USD/ZAR sustains gains as uptrend remains strong 
FxWirePro: AUD/USD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 
FxWirePro- Major Crypto levels and bias summary 
- USD/CNY is currently trading around 6.6646 marks.
- It made intraday high at 6.6722 and low at 6.6217 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 6.6805 marks.
- On the top side, a sustained close above 6.6805 mark will test key resistances at 6.6850, 6.7017, 6.7583 and 6.8158 marks respectively.
- Alternatively, a daily close below 6.67 will drag the parity down towards key supports at 6.6670, 6.6510, 6.6425, 6.6281, 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 6.6555/ dollar vs last close 6.6730.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position in USD/CNY around 6.6670, stop loss 6.6788 and target 6.6510/6.6378.
