• USD/ CNY strengthened on Monday as Chinese Yuan weakened as support measures from China continued to disappointed investors.
• On Friday, China announced a 10 trillion yuan ($1.40 trillion) debt package aimed at addressing local debt problems, falling short of investors' expectations for a large-scale fiscal stimulus.
•On the data front, China's consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday, even as Beijing doubled down on stimulus to support the sputtering economy.
• At GMT 05:22,the dollar was up 0.12% at 7.186 against Chinese Yuan.
•Technical signals show the pair could gain more ground as RSI is up at 59, and 9, 11,21 DMA’s are trending north.
• Immediate resistance is located at 7.190 (23.6%fib), any close above will push the pair towards 7.199 (Higher BB).
• Support is seen at 7.165(38.2%fib) and break below could take the pair towards 7.143 (50%fib).
Recommendation: Good to buy around 7.183 with stop loss of 7.150 and target price of 7.220


FxWirePro: USD/CNY bears maintain upper hand
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



