- USD/CNY is currently trading around 6.6762 marks.
- It made intraday high at 6.6805 and low at 6.6746 levels.
- Intraday bias remains neutral till the time pair holds key support at 6.6680 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 6.6680, 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 6.6778/ dollar vs last close 6.6806.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro- Major Crypto levels and bias summary 



