• USD/CNY dipped on Monday as Yuan strengthened after China's central bank took additional measures to lure foreign investors to its bond market.
• On Friday, China expanded foreign access to its bond repurchase market as part of efforts to attract global investors to yuan-denominated assets.
• In addition, the People’s Bank of China (PBOC) set up an operations center in Shanghai to promote global use of the digital yuan, while officials also announced plans to expand offshore yuan business in Hong Kong.
•The central bank also vowed to strengthen policy support for growth, boosting expectations of additional stimulus.
• At GMT 11:08,the dollar was down 0.18% at 7.119 against Chinese Yuan .
• Immediate resistance is located at 7.123(SMA20), any close above will push the pair towards 7.142(38.2%fib)
• Support is seen at 7.101(23.6%fib) and break below could take the pair towards 7.096(Lower B).
Recommendation: Good to sell around 7.120 with stop loss of 7.140 and target price of 7.100


FxWirePro- Major Pair levels and bias summary
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro -Major European Indices
FxWirePro: USD/ZAR edges lower ,investors remain on edge 



