- USD/CNY is currently trading around 6.8748 marks.
- It made intraday high at 6.8807 and low at 6.8687 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 6.8785 marks will test key resistances at 6.8810, 6.8938, 6.9050 and 6.9248 marks respectively.
- Alternatively, a daily close below 6.8785 will drag the parity down towards key supports at 6.8420, 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.
- PBOC sets yuan mid-point at 6.8642 / dlr vs last close 6.8791.
We prefer to take long position on USD/CNY only above 6.8810, stop loss 6.8420 and target of 6.8938/6.9050.


NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro- Major Pair levels and bias summary
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: AUD/USD cedes early gains ,outlook bearish 



