FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
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FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro: NZD/USD turns lower as USD regains footing 
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: GBP/AUD bears maintain upper hand 
- USD/CNY is currently trading around 6.8360 marks.
- It made intraday high at 6.8454 and low at 6.8334 levels.
- Intraday bias remains slightly bearish for the moment.
- A sustained close above 6.8705 marks will test key resistances at 6.8792, 6.8810, 6.8938, 6.9050 and 6.9248 marks respectively.
- Alternatively, a daily close below 6.8420 will drag the parity down towards key supports at 6.8215, 6.7980, 6.7864, 6.7624, 6.7510 and 6.7160 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 6.8357 / dlr vs last close 6.8460.
We prefer to take short position on USD/CNY around 6.84, stop loss at 6.8570 and target of 6.8215.
