• USD/CNY hovered near one week low on Wednesday as investors awaited developments in U.S.-China trade talks.
• The White House announced on Monday that U.S. President Donald Trump and Chinese President Xi Jinping are expected to hold a conversation later this week.
• Market participants are closely watching for any signs of progress or breakthroughs that could ease the trade dispute, potentially impacting global markets and economic forecasts.
• The upcoming discussion is viewed as a critical opportunity to address key issues including tariffs, intellectual property rights, and bilateral trade balances.
• At GMT 05:16, the dollar was up 0.04% to 7.189 against the Chinese Yuan.
• Immediate resistance is located at 7.201(38.2%fib), any close above will push the pair towards 7.225(50%fib)
• Support is seen at 7.170(23.6%fib) and break below could take the pair towards 7.166 (Lower BB).
Recommendation: Good to sell around 7.200, with stop loss of 7.230 and target price of 7.170


FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold
FxWirePro- Major European Indices
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
FxWirePro- Major Crypto levels and bias summary
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00 



