- USD/CNY is currently trading around 6.5605 marks.
- It made intraday high at 6.5608 and low at 6.5538 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.5470 levels.
- A sustained close above 6.5629 marks will test key resistance at 6.5708 (50D EMA), 6.5790 levels respectively.
- Alternatively, a daily close below 6.5475 will drag the parity down towards key supports at 6.5369, 6.5758, 6.4910, 6.4721, 6.4531 levels.
- In addition, 20D EMA has crossed over 30D and 55D EMA, which confirms bullish trend.
- PBOC sets Yuan mid-point at 6.5552 / dlr vs last close 6.5604.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 



