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FxWirePro- Woodies pivot (Major) 
- USD/CNY is currently trading around 6.7822 marks.
- It made intraday high at 6.7838 and low at 6.7762 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.7370 marks.
- On the top side, a sustained close above 6.7811 marks will test key resistances at 6.8025 and 6.8158 marks respectively.
- Alternatively, a daily close below 6.7439 will drag the parity down towards key supports at 6.7370, 6.7288, 6.7180, 6.7055, 6.6820, 6.6605, 6.6560, 6.6425, 6.6281, 6.6110, 6.6042, 6.5930, 6.5710, 6.5510 (20D EMA), 6.5369, 6.5758, 6.4910, 6.4721 and 6.4531 levels.
- PBOC sets Yuan mid-point at 6.7858/ dollar vs last close 6.7810.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position in USD/CNY around 6.7740, stop loss at 6.7439 and target of 6.7936/6.8025/6.8158.
