- USD/CNY is currently trading around 6.6759 marks.
- It made intraday high at 6.6857 and low at 6.6683 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 6.6873 marks.
- On the top side, a sustained close above 6.6800 mark will test key resistances at 6.6873, 6.7017, 6.7583 and 6.8158 marks respectively.
- Alternatively, a daily close below 6.6710 will drag the parity down towards key supports at 6.6640, 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 6.6895/ dollar vs last close 6.6798.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position in USD/CNY around 6.6750, stop loss 6.6873 and target 6.66/6.6510.


FxWirePro: EUR/ AUD neutral in the near term, scope further downside
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: EUR/AUD slips after surprise U.S. employment data
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro- Major Pair levels and bias summary
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: AUD/USD eases as investors switch focus to RBA
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro: NZD/USD retreats as Middle East instability weighs 



