NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
FxWirePro- Major Pair levels and bias summary 
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AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
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FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
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NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
- USD/CNY is currently trading around 6.5767 marks.
- It made intraday high at 6.5817 and low at 6.5607 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.5510 levels.
- A sustained close above 6.57 marks will test key resistance at 6.6042 (January 07, 2016 high) marks.
- Alternatively, reversal from key resistance will drag the parity down towards key supports at 6.5510(20D EMA), 6.5369, 6.5758, 6.4910, 6.4721 and 6.4531 levels.
- Important to note here that, 20D EMA, 30D and 55D EMA heads up, which confirms bullish trend.
- PBOC sets Yuan mid-point at 6.5784 / dlr vs last close 6.5650.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
