- USD/CNY is currently trading around 7.0842 marks.
- It made intraday high at 7.0970 and low at 7.0842 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 7.1022 mark.
- A sustained close above 7.0913 marks will test key resistances at 7.0982, 7.1022, 7.1095 and 7.1266 marks respectively.
- Alternatively, a daily close below 7.0913 will drag the parity down towards key supports at 7.0820, 7.07, 7.0650, 7.0525, 7.0449, 7.0319, 7.0285, 7.01, 7.0076, 6.9857 and 6.9510 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 7.0903 vs last close 7.0925 mark.
We prefer to take long position in USD/CNY only above 7.0982, stop loss at 7.0820 and target of 7.1095.


NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst 



