- USD/CNY is currently trading around 6.3738 marks.
- It made intraday high at 6.3753 and low at 6.3659 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.3650 mark.
- A sustained close above 6.3660 marks will test key resistances at 6.3777, 6.3927, 6.4017, 6.4178 and 6.4329 marks respectively.
- Alternatively, a daily close below 6.3660 will drag the parity down towards key supports at 6.3510, 6.3313, 6.3210, 6.3000 and 6.2892 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets yuan mid-point at 6.3773 / dlr vs last close 6.3654.
We prefer to take long position on USD/CNY only above 6.3777, stop loss 6.3650 and target of 6.4017.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 



