• USD/ CNY dipped on Monday as the yuan was lifted by robust export figures and indications of improving trade relations.
• Outbound shipments from the world’s second-largest economy rose 5.9% year-on-year, customs data showed on Monday, rebounding from a 1.1% contraction in October and outperforming the 3.8% growth forecast .
• Senior Chinese and U.S. officials held a call on Friday to discuss trade ties, including steps to implement an agreement aimed at defusing their long-running trade dispute.
• Investors are now turning their attention to China’s annual Central Economic Work Conference and a Politburo meeting later this month for hints on next year’s growth targets.
• Immediate resistance is located at 7.080 (38.2%fib), any close above will push the pair towards 7.089(SMA 20).
• Support is seen at 7.060(23.6%fib) and break below could take the pair towards 7.053 (Lower BB).
Recommendation: Good to sell around 7.070 with stop loss of 7.090 and target price of 7.050


FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro: GBP/NZD slide lower shifts pressure to the downside
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro: NZD/USD edges up, remains on front foot
FxWirePro: AUD/USD rally continues, eyes trained on RBA
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: EUR/AUD force is with bears as pair hits low since June 11th
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro- Woodies Pivot(Major)
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro- Major European Indices
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro: USD/CAD downside pressure builds, key support level in focus 



