• USD/CNY strengthened on Friday as risk of U.S. trade tariffs and widening yield differential between the U.S. and China weighed on the Yuan .
• The gap between China's benchmark 10-year treasury yield and the U.S. 10-year yield is at its widest in 24 years, driving demand for dollar-denominated assets and putting pressure on the yuan..
• U.S. President-elect Donald Trump's tariff stance against China is a significant issue for the next year, as many experts fear it may cause more yuan devaluation.
• At GMT 09.52,the dollar was up 0.02% at 7.298 against Chinese Yuan .
• Immediate resistance is located at 7.302(23.6%fib), any close above will push the pair towards 7.313(Higher BB)
• Support is seen at 7.284(Dec 19th low) and break below could take the pair towards 7.262(38.2%fib).
Recommendation: Good to buy around 7.295 with stop loss of 7.240 and target price of 7.340


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro- Major Pair levels and bias summary
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro- Woodies pivot (Major) 



