• USD/CNY hit two month high on Friday as China's yuan was weighed down by broader dollar strength and soft domestic manufacturing data.
• The dollar stayed strong on Friday, heading for its best week since 2022 after Trump imposed steep tariffs on dozens of trade partners.
• Beijing faces an August 12 deadline to finalize a lasting tariff agreement with Washington, following preliminary deals in May and June aimed at halting escalating tit-for-tat tariffs and a rare earth mineral export freeze.
• On the data front, China's manufacturing sector contracted in July, with softer new business demand driving a pullback in production, a private survey showed on Friday.
• Immediate resistance is located at 7.210(Daily high), any close above will push the pair towards 7237(50%fib)
• Support is seen at 7.199(38.2%fib) and break below could take the pair towards 7.176 (SMA 20).
Recommendation: Good to buy around 7.200 with stop loss of 7.180 and target price of 7.220


FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: USD/CNY hovers near 3 -1/2 year low , outlook bearish
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
FxWirePro:EUR/NZD gains some ground but outlook is bearish
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm
Major Pair Currency Scores: USDCHF Leads as Bullish Contender and major levels to watch
AUDJPY Pares Gains: Bullish Trend Intact Above 114 Despite Profit-Taking
JPY Major Currency Scores: USDJPY and GBPJPY Lead Bullish Trend
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro: USD/JPY hovers near 160, outlook bullish
FxWirePro: EUR/ AUD gains slightly but remains on bearish path
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path 



