FxWirePro: USD/CNY edges higher, outlook bearish 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
FxWirePro: NZD/USD turns lower as USD regains footing 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease 
FxWirePro: AUD/USD firms after upbeat consumer spending data 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
FxWirePro- Woodies pivot (Major) 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves 
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
- USD/CNY is currently trading around 6.3050 marks.
- It made intraday high at 6.3098 and low at 6.2949 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 6.2728 marks.
- A sustained close above 6.3100 marks will test key resistances at 6.3160, 6.3320, 6.3515, 6.3625, 6.3855 and 6.4017 marks respectively.
- Alternatively, a daily close below 6.2800 will drag the parity down towards key supports at 6.2584, 6.2419, 6.2322, 6.2196 and 6.1907 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- PBOC sets yuan mid-point at 6.3114 / dlr vs last close 6.3027.
We prefer to take long position on USD/CNY around 6.3020, stop loss 6.2728 and target of 6.3320.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
