FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD poised for further downside after key fibo break 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD firms as Australian household spending records sharp jump 
FxWirePro: USD/CAD extends drop, faces 50%fib support 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
- USD/CNY is currently trading around 6.9500 marks.
- It made intraday high at 6.9759 and low at 6.9483 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 6.9810 mark.
- A sustained close above 6.9810 marks will test key resistances at 6.9867, 6.9957, 7.0168, 7.0388, 7.07 and 7.0920 marks respectively.
- Alternatively, a daily close below 6.9591 will drag the parity down towards key supports at 6.9525, 6.9297, 6.88 and 6.8662 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/CNY around 6.9550, stop loss at 6.98 and target of 6.9297/6.88.
