- USD/CNY is currently trading around 6.6510 marks.
- It made intraday high at 6.6519 and low at 6.6453 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.6330/6.6110 levels.
- On the top side, a sustained close above 6.6524 marks will test key resistance at 6.6784 and 6.6838 and 6.6963 marks respectively.
- Alternatively, reversal from key resistance will drag the parity down towards key supports at 6.6340, 6.6110, 6.6042, 6.5930, 6.5710, 6.5510 (20D EMA), 6.5369, 6.5758, 6.4910, 6.4721 and 6.4531 levels.
- Important to note here that, 20D EMA, 30D and 55D EMA heads up, which confirms bullish trend.
- PBOC sets Yuan mid-point at 6.6496/ dollar vs last close 6.6480.
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: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Major European Indices 



