- USDCNY is currently trading at 6.4644 levels.
- It made intraday high at 6.4728 and low at 6.4628 levels.
- Intraday bias remains bearish for the moment.
- PBoC raised its fixing rate by the most since last November.
- A sustained break below 6.4590 will tests another support around 6.4525/6.4351 levels.
- Alternatively, reversal from key support will drag the parity back above 6.49 marks.
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: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
FxWirePro- Woodies pivot (Major)
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data




