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• USD/ CNY dipped on Tuesday as expectations of a near-term end to the Middle East war reduced the greenback's appeal.
• U.S. President Donald Trump said that Washington could end its military attacks on Iran within the next two to three weeks, and that Tehran would not need to agree to a deal beforehand for the conflict to wind down.
• The White House said U.S. President Donald Trump would address the nation "to provide an important update on Iran" at 9 p.m. EDT on Wednesday (0100 GMT on Thursday).
• This week's main U.S. economic focus will be Friday's jobs report for March. It is expected to show that employers added 60,000 jobs during the month.
• Immediate resistance is located at 6.891(SMA 20), any close above will push the pair towards 6.915(50%fib).
• Support is seen at 6.878(38.2%fib) and break below could take the pair towards 6.863 (Lower BB).
Recommendation: Good to sell around 6.890 with stop loss of 6.930 and target price of 6.870
