Published at 06:41 (GMT) 11 Jun

USDCNY

11 Jun USD/CNY 1-Yr NDF Daily

06::45 GMT - View unchanged with trade still in recovery mode but lacking upside momentum is attracting shorts and unless the 6.2605 resistance is taken out, bears are seeking a later retest of the 6.2375/40 supports and break will unlease stronger selling. [W.T]

R5: 6.2760 * 8 May high
R4: 6.2660 29 Apr low
R3: 6.2605 * 29 May high
R2: 6.2565 2 Jun high
R1: 6.2526 10 Jun high

S1: 6.2414 8 Jun low
S2: 6.2375 25 May low
S3: 6.2340 * 22 May low
S4: 6.2305 * 28 Oct low
S5: 6.2273 9 Oct low

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