Forex - Chart USD/CNY 1-Yr Update: Piercing-pattern set last session taking pressure off the downside


Published at 01:34 (GMT) 29 Aug


Chart USD/CNY 1-Yr Update: Piercing-pattern set last session taking pressure off the downside (TFKC7401)

29 Aug USD/CNY 1-Yr NDF Daily

01::02 GMT - Strong rebound towards closing last session in the appearance of a Piecing-pattern is fading downside pressure and lift above 6.2302 will expose gain to 6.2385 ahead of stronger 6.2436 congestion high. [W.T]
R5: 6.2550 4 Aug high
R4: 6.2490 5 Aug high
R3: 6.2436 * 7 Aug high
R2: 6.2385 26 Aug high
R1: 6.2302 27 Aug high

S1: 6.2246 intraday level
S2: 6.2205 28 Aug low
S3: 6.2147 20 Aug low
S4: 6.2050/40 * 19 Aug/11 Jun lows
S5: 6.2010 * 10 Jun low

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