• USD/CNY dipped to fresh 32-month low on Friday as Yuan firmed as investors bet on continued policy support for currency strength.
•China’s central bank on Thursday cut sector-specific interest rates to give the economy an early boost, signaling room for further cash reserve requirement reductions and broader rate cuts this year.
• Yuan bulls also supported following Zou Lan’s remarks linking the currency’s rally to eased trade US –China tensions and a softer dollar.
• Prior to the market opening, the People's Bank of China set the midpoint rate at 7.0078 per dollar, slightly off the 32-month peak seen in the previous session .
• Immediate resistance is located at 6.994 (SMA 20), any close above will push the pair towards 7.022(38.%fib)
• Support is seen at 6.964(23.6%fib) and break below could take the pair towards 6.954 (Lower BB).
Recommendation: Good to sell around 6.965 with stop loss of 6.980 and target price of 6.950


FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro- Major Crypto levels and bias summary
FxWirePro:EUR/NZD extends fall, key support lies ahead
FxWirePro- Woodies pivot (Major)
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
FxWirePro: GBP/USD hits one-month high, scope for further upside
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro: AUD/USD remains buoyant, looks to extend gains 



