FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
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FxWirePro: AUD/USD dips on soft China data 
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100 
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
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FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
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FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop 
- USD/CNY is currently trading around 6.5572 marks.
- It made intraday high at 6.5854 and low at 6.5595 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 6.5723 levels.
- A sustained close above 6.5908 marks will test key resistance at 6.6042 (January 07, 2016 high) marks.
- On the other side, a daily close below 6.5510 will drag the parity down towards key supports at 6.5369, 6.5124, 6.4910, 6.4721 and 6.4531 levels respectively.
- PBOC sets Yuan mid-point at 6.5497 / dlr vs last close 6.5515.
- Important to note here that, 20D EMA, 30D and 55D EMA heads still up, which confirms bullish trend. Current downside movement is short term trend correction only.
We prefer to take short position in USD/CNY only below 6.5510, stop loss 6.5865 and target 6.5124 marks.
