- USD/CNY is currently trading around 6.77 marks.
- It made intraday high at 6.7798 and low at 6.7664 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 6.80 marks.
- A sustained close above 6.7905 marks will test key resistances at 6.8072, 6.8210, 6.8525 and 6.8886 marks respectively.
- Alternatively, a daily close below 6.7597 will drag the parity down towards key supports at 6.7510, 6.7422, 6.7180, 6.7050, 6.6722 and 6.6422 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- PBOC sets yuan mid-point at 6.7642 / dlr vs last close 6.7675.
We prefer to take long position on USD/CNY around 6.7700, stop loss at 6.7510 and target of 6.8000.


US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Woodies pivot (Major)
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Crypto levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: GBP/AUD bears maintain upper hand 



