- Yuan hits strongest level in 2016.
- It made intraday high at 6.5710 and low at 6.4904 levels.
- A daily close above 6.6042 levels will drag the parity around 6.6755 marks.
- Alternatively, downfall from 6.6042 levels will bring the 6.3552 levels.
- Initial support levels are seen at 6.4732, 6.4553 and 6.3883 levels.
- On the other side, resistance levels are seen at 6.6338, 6.67556 and 6.8007 levels.
We prefer to take short position in USD/CNY around 6.54, stop loss 6.56 and target 6.47 levels.


FxWirePro- Major Pair levels and bias summary
Major Pair Currency Score: Bullish USDCAD & USDCHF, Bearish EURUSD, GBPUSD, NZDUSD, AUDUSD
FxWirePro: USD/ZAR retreats as markets await U.S.-Iran talks and South Africa data
NZD/JPY Sell-on-Rally Setup: Targeting 88.00 as Bearish EMAs Press Down
FxWirePro: USD/JPY bull’s hold the higher ground, remains on bullish path
NZDJPY: Potential Downtrend Ahead if Resistance Holds, Sell on Rallies Advised
FxWirePro: AUD/USD gains slightly ahead of key RBA policymakers’ speeches
FxWirePro: USD/ZAR eases ahead of South Africa inflation data and SARB decision
NZDJPY: Potential Downtrend Ahead if Resistance Holds, Sell on Rallies Advised
FxWirePro: NZD/USD firms slightly, but downward resumption likely
FxWirePro: USD/CAD extends advance as crude slide weighs on loonie
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot (Major)
JPY Major Currency Score: NZDJPY Leads Bearish Trend, Others Neutral
JPY Major Currency Score: All Pairs Neutral
FxWirePro: GBP/AUD edges lower, vulnerable to more downside 



