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FxWirePro: GBP/AUD falls below 1.9000 level, bears keep the advantage 
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FxWirePro: GBP/AUD edges higher but outlook still bearish 
- USD/CNY is currently trading around 6.5203 marks.
- It made intraday high at 6.5238 and low at 6.5184 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.4910 levels.
- A daily close below 6.4910 will drag the parity down towards key supports at 6.4721, 6.4531 levels.
- On the other side, a sustained close above 6.52 marks will test key resistances at 6.5358, 6.5525(March 02, 2016 high) and 6.5708(50D EMA) levels respectively.
We prefer to take long position in USD/CNY around 6.5180, stop loss 6.4910 and target 6.5358/ 6.5525 levels.
