FxWirePro: Chinese yuan falls drastically in early Asia after PBoC’s loan prime rate decision; hits lowest level since Dec 12, 2019
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
FxWirePro: NZD/USD holds support at channel base, good to go short on break below
NZD/USD chart - Trading View
Support levels - 0.6715 (channel base), 0.6696 (50% Fib), 0.6632 (61.8% Fib)
Resistance levels - 0.6732 (200-DMA), 0.6746 (5-DMA), 0.6771 (21-EMA)
Recommendation: Good to go short on break below 0.6715, SL: 0.6750, TP: 0.6695/ 0.6635
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.