- USD/CNY is currently trading around 6.6762 marks.
- It made intraday high at 6.6805 and low at 6.6746 levels.
- Intraday bias remains neutral till the time pair holds key support at 6.6680 marks.
- On the top side, a sustained close above 6.7017 mark will tests key resistances at 6.7583 and 6.8158 marks respectively.
- Alternatively, reversal from key resistance will drag the parity down towards key supports at 6.6680, 6.6530, 6.6448, 6.6340, 6.6110, 6.6042, 6.5930, 6.5710, 6.5510 (20D EMA), 6.5369, 6.5758, 6.4910, 6.4721 and 6.4531 levels.
- Important to note here that, 20D EMA, 30D and 55D EMA heads up, which confirms bullish trend in a daily chart.
- PBOC sets Yuan mid-point at 6.6778/ dollar vs last close 6.6806.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major European Indices
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro- Major European Indices 



