- USD/CNY is currently trading around 6.7740 marks.
- It made intraday high at 6.7788 and low at 6.7723 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.7439 marks.
- On the top side, a sustained close above 6.77 marks will test key resistances at 6.7831, 6.8025 and 6.8158 marks respectively.
- Alternatively, a daily close below 6.7439 will drag the parity down towards key supports at 6.7288, 6.7180, 6.7055, 6.6820, 6.6605, 6.6560, 6.6425, 6.6281, 6.6110, 6.6042, 6.5930, 6.5710, 6.5510 (20D EMA), 6.5369, 6.5758, 6.4910, 6.4721 and 6.4531 levels.
- PBOC sets Yuan mid-point at 6.7744/ dollar vs last close 6.7775.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- China's Urban registered unemployment rate was 4.04 pct at end-Sept - Labour ministry.
- China Central bank deputy governor says Yuan exchange rate will continue to remain basically stable, no foundation for continuous depreciation - People's Daily.
We prefer to take long position in USD/CNY around 6.77, stop loss at 6.7439 and target of 6.7831/6.8158.


EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro- Major Pair levels and bias summary
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Pair levels and bias summary 



