FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/JPY edges higher as the yen remains vulnerable despite repeated warnings of intervention. 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal 
Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6500 
Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210 
FxWirePro: GBP/NZD gaining momentum for a move towards 2.3350level 
NZD/JPY Loses Its Shine: Kiwi Cracks Under Pressure as Bears Target 91.80 
FxWirePro- Woodies pivot (Major) 
- USD/CNY is currently trading around 6.9955 marks.
- It made intraday high at 7.0045 and low at 6.9598 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.9810 mark.
- A sustained close above 6.9847 marks will test key resistances at 7.0074, 7.0168, 7.0388, 7.07 and 7.0920 marks respectively.
- Alternatively, a daily close below 6.9810 will drag the parity down towards key supports at 6.9525, 6.9297, 6.88 and 6.8662 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- China’s industrial production stands at 6.2 pct vs 4.7 pct previous release (expected 5.1).
- China’s retail sales stands at 8.0 pct vs 7.2 pct previous release (expected 7.6).
- China’s fixed Asset investment remains unchanged at 5.2 pct.
- PBOC Fixes Yuan Mid Point At 6.9915 against the U.S. dollar.
We prefer to take short position on USD/CNY only below 6.9810, stop loss at 7.0074 and target of 6.9525/6.9297.
