- USD/CNY is currently trading around 6.9509 marks.
- It made intraday high at 6.9580 and low at 6.9210 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 6.9602 mark.
- A sustained close above 6.9570 marks will test key resistances at 6.9637, 6.9778 and 6.9883 marks respectively.
- On the other side, a daily close below 6.9500 will drag the parity down towards key supports at 6.9127, 6.9026, 6.9189, 6.8983, 6.8770, 6.8510, 6.8449, 6.8090, 6.7969, 6.7769, 6.7540, 6.7439, 6.7370, 6.7288, 6.7180 and 6.7055.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets Yuan mid-point at 6.9468/ dollar vs last close 6.9513.
We prefer to go long on USD/CNY only above 6.9570, stop loss at 6.9189 and target of 6.9637/6.9778.


USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro-Major European Indices
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: GBP/NZD remains bullish as rally continues 



