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FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
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FxWirePro- Woodies pivot (Major) 
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FxWirePro- Major Crypto levels and bias summary 
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- USD/CNY is currently trading around 7.0032 marks.
- It made intraday high at 7.0105 and low at 7.0009 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 7.0113 mark.
- A sustained close above 7.0097 marks will test key resistances at 7.0303, 7.0540 and 7.0920 marks respectively.
- Alternatively, a daily close below 6.9765 will drag the parity down towards key supports at 6.9525, 6.9297 and 6.88 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/CNY around 7.01, stop loss at 7.0120 and target of 6.9525.
