• USD/CNY initially dipped but recovered round on Wednesday as market assessed on President Donald Trump's unpredictable trade policies.
• Trump abruptly reversed his decision on Tuesday afternoon to double tariffs on steel and aluminum imports from Canada to 50%, just hours after announcing the hike. The swift policy shift added to market uncertainty and confusion.
• Traders are closely watching U.S.-China trade negotiations and potential economic stimulus measures from China following its recent parliamentary meeting.
• At GMT 07:17,the dollar was down 0.24% at 7.244 against Chinese Yuan .
• Immediate resistance is located at 7.243(38.2%fib), any close above will push the pair towards 7.269(23.6%fib)
• Support is seen at 7.220(61.8%fib) and break below could take the pair towards 7.209(Lower BB).
Recommendation: Be on sidelines


NZDJPY Pullback: Yen Strengthens on Takaichi's Election Victory – Buy the Dip Toward 96?
EURGBP Breaks Above 0.8700 on Euro Surge: Bullish Momentum Builds Toward 0.8800+?
AUDJPY Holds the Line: Positive Bias Intact Above 109 – Dip Buyers Eyeing 112 Breakout?
GBPJPY Stuck in Tight Range: Bullish Bias Holds Above 211.50 – Dip Buyers Targeting 215 Breakout?
FxWirePro: GBP/AUD extends drop, faces 23.6%fib support
FxWirePro- Woodies Pivot(Major)
EUR/USD Powers Higher on Dismal US Retail Sales Miss: Bullish Breakout Brewing Toward 1.2000?
FxWirePro: USD/CAD drifts lower, could be on verge of bigger drop
FxWirePro- Major European Indices
FxWirePro: AUD/USD climbs to fresh three-year high amid hawkish RBA expectation
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ CNY outlook weaker on renewed downside pressure 



