- USD/CNY is currently trading around 7.1596 marks.
- It made intraday high at 7.1630 and low at 7.1535 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 7.1622 marks will test key resistances at 7.1877, 7.2095, 7.3645 and 7.58 marks respectively.
- Alternatively, a daily close below 7.1622 will drag the parity down towards key supports at 7.1424, 7.12, 7.0927, 7.0707 and 7.0497 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position on USD/CNY around 7.1500, stop loss at 7.12 and target 7.2095.


FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: GBP/USD rises as soft US data pressures dollar
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: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Crypto levels and bias summary 



