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FxWirePro: EUR/AUD momentum strongly bearish despite pause in losses 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY hovers near three-year low, scope for further downside 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
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FxWirePro: GBP/AUD edged higher, set to stay on back foot 
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FxWirePro: AUD/USD remains buoyant, looks to extend gains 
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NZDJPY Technical Outlook: Selling the Rallies as Bearish Momentum Consolidates 
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption 
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FxWirePro- Major Crypto levels and bias summary 
GBPJPY Technical Check: Is the Dragon Running Out of Fire? 
- USD/CNY is currently trading around 6.8880 marks.
- It made intraday high at 6.8909 and low at 6.8799 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.8750 mark.
- A sustained close above 6.8799 marks will test key resistances at 6.8962, 6.9037, 6.9146, 6.9204, 6.9336, 6.9496, 6.9615, 6.9778 and 6.9883 marks respectively.
- Alternatively, a daily close below 6.8799 will drag the parity down towards key supports at 6.8739, 6.8644, 6.8550, 6.8465, 6.8333, 6.8298, 6.8090 and 6.7769 marks respectively.
- PBOC sets Yuan mid-point at 6.8849/dollar vs last close 6.8835.
- China’s March house prices y/y decrease to 11.3 % vs previous 11.8 %.
We prefer to take long position in USD/CNY around 6.8820, stop loss at 6.8759 and target of 6.8993.
