Forex - Chart USD/CNY 1-Yr Update: Targets 6.2600 next


Published at 04:18 (GMT) 21 Apr


Chart USD/CNY 1-Yr Update: Targets 6.2600 next (OFLC7001)

21 Apr USD/CNY 1-Yr NDF Daily
Further recovery to break the 6.2562 high of last week seescope for further extension to target the 6.2600 level. Clearance here will expose 6.2640 then 6.2670/77 area. Support now at 6.2472 then 6.2430/00 area, seen protecting the downside. [P.L]

R5:: 1.2677 * 17 Jul low R4: 6.267 * 14 Aug high
R3: 6.264 15 Aug high
R2: 6.26 * 20 Aug high
R1: 6.2587 22 Aug high

S1: 6.2472 16 Apr low
S2: 6.243 * 4 Apr high, break
S3: 6.2352 11 Apr low
S4: 6.225 intraday level
S5: 6.216 * 10 Apr low

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