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FxWirePro: USD/CNY edges higher, outlook bearish 
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All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
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FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities 
- USD/CNY is currently trading around 6.8827 marks.
- It made intraday high at 6.8906 and low at 6.8723 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.8399 mark.
- A sustained close above 6.8747 marks will test key resistances at 6.8938, 6.9290, 6.9414, 6.9590 and 6.9726 marks respectively.
- Alternatively, a daily close below 6.8747 will drag the parity down towards key supports at 6.8399, 6.8198 and 6.8037 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets yuan mid-point at 6.8710 / dlr vs last close 6.8749.
We prefer to take long position on USD/CNY only above 6.8938, stop loss at 6.8399 and target of 6.9290.
