• USD/CNY dipped near a 3-month low on Friday, as China's yuan was supported by investor optimism that the U.S. and China might reach a deal to avoid a trade war.
• President Donald Trump said on Wednesday that a trade deal with Beijing was possible and anticipated a visit from Chinese President Xi Jinping to the U.S., though no timeline was provided.
• Investors are awaiting further clues from U.S. Treasury Secretary Scott Bessent's scheduled call with his Chinese counterpart on Friday.
• At (GMT 07:22) dollar was trading down 0.13% at 7.243 against the Chinese yaun.
• Immediate resistance is located at 7.282(Feb 20th high), any close above will push the pair towards 7.318(23.6%fib).
• Support is seen at 7.243(38.2%fib) and break below could take the pair towards 7.217(Lower BB).
Recommendation: Be on siidelines


BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
FxWirePro: GBP/AUD falls after BoE rate hold
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot (Major)
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices 



