EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Major Pair levels and bias summary 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
- USD/CNY is currently trading around 6.7385 marks.
- It made intraday high at 6.7407 and low at 6.7315 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.7180 marks.
- On the top side, a sustained close above 6.74 marks will test key resistances at 6.7583 and 6.8158 marks respectively.
- Alternatively, a daily close below 6.7180 will drag the parity down towards key supports at 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 6.7303/ dollar vs last close 6.7385.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position in USD/CNY around 6.7350, stop loss at 6.7055 and target of 6.7583/6.7718.
