FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro- Major European Indices 
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FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
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FxWirePro: EUR/AUD under pressure as key support gives way 
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FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
- USD/CNY is currently trading around 6.6923 marks.
- It made intraday high at 6.6947 and low at 6.6770 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.6547 levels.
- On the top side, a sustained close above 6.68 mark will test key resistances at 6.6963, 6.7583 and 6.8158 marks respectively.
- Alternatively, reversal from key resistance will drag the parity down towards key supports at 6.6780, 6.6453, 6.6340, 6.6110, 6.6042, 6.5930, 6.5710, 6.5510 (20D EMA), 6.5369, 6.5758, 6.4910, 6.4721 and 6.4531 levels.
- Important to note here that, 20D EMA, 30D and 55D EMA heads up, which confirms bullish trend.
- PBOC sets Yuan mid-point at 6.6857/ dollar vs last close 6.6816.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
