- USD/CNY is currently trading around 7.0188 marks.
- It made intraday high at 7.0246 and low at 7.0124 levels.
- Intraday bias remains bullish till the time pair holds key support at 7.0128 mark.
- A sustained close above 7.0285 marks will test key resistances at 7.0388, 7.0552, 7.07 and 7.0920 marks respectively.
- Alternatively, a daily close below 7.0128 will drag the parity down towards key supports at 6.9975, 6.98, 6.9649, 6.9550, 6.9210, 6.90, 6.8658, 6.84 and 6.8222 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take short position on USD/CNY only below 7.01, stop loss at 7.0285 and target of 6.9975/6.9649.


FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/AUD drifts lower after BOE rate decision
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD gains some ground but outlook is bearish
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary 



