- USD/CNY is currently trading around 6.7979 marks.
- It made intraday high at 6.7995 and low at 6.7947 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 6.80 marks.
- A sustained close above 6.7983 marks will test key resistances at 6.8099, 6.8250, 6.8440, 6.8526, 6.8671, 6.8882, 6.8942, 6.9010 marks 6.9080 marks respectively.
- Alternatively, a daily close below 6.7983 will drag the parity down towards key supports at 6.7757, 6.7607, 6.7520, 6.7436 and 6.7222 marks respectively.
- PBOC sets yuan mid-point at 6.7889/ dlr vs last close 6.7990.
We prefer to take long position in USD/CNY only above 6.8006, stop loss at 6.7757 and target of 6.8352.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro- Major European Indices
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary 



