Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low 
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
FxWirePro: GBP/USD rises as soft US data pressures dollar 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
- USD/CNY is currently trading around 7.0278 marks.
- It made intraday high at 7.0336 and low at 7.0272 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 7.0303 mark.
- A sustained close above 7.0303 marks will test key resistances at 7.0540, 7.07 and 7.0920 marks respectively.
- Alternatively, a daily close below 7.0074 will drag the parity down towards key supports at 6.9765, 6.9525, 6.9297 and 6.88 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- PBOC cuts new lending rate to 4.15 pct vs 4.20 pct previous release.
We prefer to take long position on USD/CNY only above 7.0303, stop loss at 7.0074 and target of 7.0540.
