Forex - Chart USD/CNY 1-Yr Update: Starting the new day on a consolidative tone


Published at 01:34 (GMT) 15 Jul

 

Chart USD/CNY 1-Yr Update: Starting the new day on a consolidative tone (SFDC8401)

15 Jul USD/CNY 1-Yr NDF Daily

01::03 GMT - Starting the new day on a consolidative mode and need movebelow 6.2615/05 supports to unlease stronger selling to 6.2510. Resistance seen at 6.2695 ahead of 6.2730 and above latter will help recover upside footing. [W.T]
R5: 6.2875 * 20/21 Apr highs
R4: 6.2866 * 8 Jul high
R3: 6.2790 9 Jul high
R2: 6.2730 10 Jul high
R1: 6.2695 14 Jul high

S1: 6.2615 13 Jul low
S2: 6.2605 * 29 May high
S3: 6.2590 16 Jun high
S4: 6.2510 7 Jul low
S5: 6.2485 6 Jul low

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