- USD/CNY is currently trading around 6.8843 marks.
- It made intraday high at 6.8916 and low at 6.8760 levels.
- Intraday bias remains bullish for the moment.
- A sustained close above 6.8820 marks will test key resistances at 6.9080, 6.9162, 6.9336, 6.9496, 6.9615, 6.9778 and 6.9883 marks respectively.
- Alternatively, a daily close below 6.8820 will drag the parity down towards key supports at 6.8599, 6.8550, 6.8449, 6.8333, 6.8298, 6.8090 and 6.7769 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets Yuan mid-point at 6.8849/dollar vs last close 6.8861.
We prefer to take long position in USD/CNY around 6.8780, stop loss at 6.8550 and target of 6.9032/6.9364.


FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: NZD/USD retreats as Middle East instability weighs
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro- Major Crypto levels and bias summary
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro- Major Pair levels and bias summary
FxWirePro : EUR/NZD slips lower after soft US jobs report
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: EUR/AUD slips after surprise U.S. employment data 



