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FxWirePro- Major Pair levels and bias summary 
- USD/CNY is currently trading around 6.6700 marks.
- It made intraday high at 6.6853 and low at 6.6689 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 6.7017 marks.
- On the top side, a sustained close above 6.7017 mark will tests key resistances at 6.7583 and 6.8158 marks respectively.
- Alternatively, reversal from key resistance will drag the parity down towards key supports at 6.6689, 6.6530, 6.6448, 6.6340, 6.6110, 6.6042, 6.5930, 6.5710, 6.5510 (20D EMA), 6.5369, 6.5758, 6.4910, 6.4721 and 6.4531 levels.
- Important to note here that, 20D EMA, 30D and 55D EMA heads up, which confirms bullish trend in a daily chart.
- PBOC sets Yuan mid-point at 6.6872/ dollar vs last close 6.6795.
We prefer to take short position in USD/CNY around 6.68, stop loss 6.7017 and target 6.6530.
