• USD/ CNY declined on Thursday as China's yuan firmed ahead key data on U.S. inflation and Chinese manufacturing activity.
• Traders are awaiting the release of the Fed's preferred inflation measure, the Personal Consumption Expenditures (PCE) index, later on Friday to better assess its policy trajectory.
Investors are also eager to see updates on China's economic recovery, with the latest purchasing managers' index (PMI) scheduled for release on Saturday.
• Technical signals are bearish as RSI is at 33, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 7.1131 (23.6%fib), any close above will push the pair towards 7.1385(38.2%fib).
• Support is seen at 7.1034(Daily low) and break below could take the pair towards 7.093(Lower BB).
Recommendation: Good to sell around 7.1110 with stop loss of 7.1600 and target price of 7.0930


JPY Majors Alert: NZDJPY Crashes to 92.81 Low as Brutal Bearish Momentum Explodes – Sell Rallies to 91.80
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro: AUD/USD drifts back to familiar territory post-US CPI
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
JPY Majors Currency Score (15 min): NZDJPY Crashes to Extreme Bearish -100, CHFJPY Turns Sharply Bearish
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD slips as geopolitical and domestic political risks weigh
FxWirePro: GBP/AUD edges lower, remains on bearish path
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
Buy the Dip? AUDJPY Holds Trendline Support Near 112 



