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FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major pair levels and bias summary 
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FxWirePro :GBP/AUD gains some ground but bias is still bearish 
- USD/CNY is currently trading around 6.7547 marks.
- It made intraday high at 6.7582 and low at 6.7449 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.7450 mark.
- A sustained close above 6.7450 marks will test key resistances at 6.7689, 6.7757, 6.7842, 6.8009, 6.8070, 6.8250, 6.8440, 6.8526, 6.8671, 6.8882, 6.8942, 6.9010 marks 6.9080 marks respectively.
- Alternatively, a daily close below 6.7450 will drag the parity down towards key supports at 6.7403, 6.7222 and 6.7118 marks respectively.
- PBOC sets yuan mid-point at 6.7451/ dlr vs last close 6.7478.
- PBOC sets yuan mid-point at the strongest level since October 20, 2016.
We prefer to take short position in USD/CNY only below 6.7450, stop loss at 6.7689 and target of 6.7118.
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