Forex - Chart USD/CNY 1-Yr Update: Still in recovery mode


Published at 02:10 (GMT) 13 Apr

  

Chart USD/CNY 1-Yr Update: Still in recovery mode (SGLC8101)

13 Apr USD/CNY 1-Yr NDF Daily

02::28 GMT - Corrective upmove need to push above the 6.3335 hurdle to regain stronger footing to 6.3435 ahead of 6.3545. A downside break of 6.3195 support will fade current rebound and help bears regain footing towards last week's low of 6.3068. [W.T]
R5: 6.3600 * 19 Mar low
R4: 6.3570 31 Mar high
R3: 6.3545 1 Apr high
R2: 6.3435 2 Apr high
R1: 6.3335 8 Apr high

S1: 6.3195 9 Apr low
S2: 6.3165 8 Apr low
S3: 6.3068 * 6 Apr low
S4: 6.2920 16 Jan low
S5: 6.2890 * 14 Jan low

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