FxWirePro: AUD/JPY slips lower for the 2nd straight session, bearish signs build as price breaks below hourly cloud
FxWirePro: USD/JPY erases early gains, prospect of rising inflation and an earlier-than-expected Fed taper keep downside limited
FxWirePro: AUD/USD recovers from three-week lows after RBA's aggressive intervention in the bond markets, poor China PMI data has little impact
FxWirePro: USD/CNY fails to find support above 7.00 mark, bias turns slightly bearish
We prefer to take short position on USD/CNY around 7.00, stop loss at 7.0215 and target of 6.9550.