FxWirePro: GBP/NZD bull’s hold the higher ground, remains on bullish path 
FxWirePro: USD/CAD extends advance as crude slide weighs on loonie 
NZD/JPY Sell-on-Rally Setup: Targeting 88.00 as Bearish EMAs Press Down 
JPY Major Currency Score: All Pairs Neutral 
FxWirePro: GBP/AUD edges higher but maintains bearish bias 
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails 
NZDJPY: Potential Downtrend Ahead if Resistance Holds, Sell on Rallies Advised 
Fade the Rally: AUD/JPY Eyes 109.30 Downside as Resistance Holds 
FxWirePro: EUR/NZD edges higher, remains on front foot 
FxWirePro: GBP/AUD edges lower, vulnerable to more downside 
AUDJPY Pullback: Sell on Rallies as Resistance Holds Near 112 
FxWirePro: NZD/USD firms slightly, but downward resumption likely 
NZDJPY: Potential Downtrend Ahead if Resistance Holds, Sell on Rallies Advised 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY slides to fresh 3-1/2-year low as yuan firms 
JPY Major Currency Score: NZDJPY Leads Bearish Trend, Others Neutral 
FxWirePro- Woodies Pivot (Major) 
Add as a preferred source on Google
- USD/CNY is currently trading around 6.8954 marks.
- It made intraday high at 6.8978 and low at 6.8835 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.8835 mark.
- A sustained close above 6.8835 marks will test key resistances at 6.9049, 6.9268, 6.9540, 6.97, 6.9867, 6.9957, 7.0168, 7.0388, 7.07 and 7.0920 marks respectively.
- Alternatively, a daily close below 6.8835 will drag the parity down towards key supports at 6.8658, 6.84 and 6.8222 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take long position on USD/CNY around 6.89, stop loss at 6.8835 and target of 6.9049/6.9268.
