- USD/CNY is currently trading around 6.9237 marks.
- It made intraday high at 6.9343 and low at 6.9175 levels.
- Intraday bias remains bullish for the moment. .
- A sustained close above 6.9175 marks will test key resistances at 6.9496, 6.9615, 6.9778 and 6.9883 marks respectively.
- Alternatively, a daily close below 6.9175 will drag the parity down towards key supports at 6.8983, 6.8720, 6.8510 and 6.8449 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets Yuan mid-point at 6.9262/ dollar vs last close 6.9330.
We prefer to take long position in USD/CNY around 6.92, stop loss 6.9175 and target of 6.9496.


Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD eases slightly, focus on near-term support
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro: USD/ZAR gains some ground, but downtrend remains
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80 



