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FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 
FxWirePro: GBP/AUD bears maintain upper hand 
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/CAD retreats slightly but trend is still bullish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
• USD/CNY rose on Monday as the Chinese yuan weakened following China's inflation data, which indicated further economic weakness.
• Official data released on Monday showed that China's consumer inflation hit a five-month low in November, while producer price deflation persisted, despite a series of recent stimulus efforts.
• The Chinese currency has experienced renewed downside pressure, pushed down by tariff threats from US President-elect Donald Trump and monetary policy divergence between China and the US.
• At GMT 06:43,the dollar was up 0.10% at 7.277 against Chinese Yuan.
•Technical signals show the pair could gain more ground as RSI is up at 65, and 9, 11,21 SMA’s are trending north.
• Immediate resistance is located at 7.290 (23.6%fib), any close above will push the pair towards 7.299(higher BB).
• Support is seen at 7.254 (38.2%fib) and break below could take the pair towards 7.225 (50%fib).
Recommendation: Good to buy around 7.260 with stop loss of 7.200 and target price of 7.350
