BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
FxWirePro: AUD/ USD strongly bearish despite upside attempts 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
- USD/CNY is currently trading around 6.9065 marks.
- It made intraday high at 6.9110 and low at 6.8975 levels.
- Intraday bias remains slightly bearish for the moment.
- A sustained close above 6.9122 marks will test key resistances at 6.9248, 6.94 and 6.9648 marks respectively.
- Alternatively, a daily close below 6.9122 will drag the parity down towards key supports at 6.8975, 6.8628, 6.8525, 6.8210, 6.80 and 6.7813 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- PBOC sets yuan mid-point at 6.8990/ dlr vs last close 6.9133.
We prefer to take long position on USD/CNY only above 6.9186, stop loss 6.8975 and target of 6.94/6.9548.
