Forex - Chart USD/CNY 1-Yr Update: Recovery strength staged last session fizzled out twds closing


Published at 01:48 (GMT) 30 Jun

   

Chart USD/CNY 1-Yr Update: Recovery strength staged last session fizzled out twds closing (GZCC8401)

30 Jun USD/CNY 1-Yr NDF Daily

00::58 GMT - Recovery strength staged last session fizzled out towardsclosing with the appearance of a long upper shadow shifting pressure lower and eyes next support at 6.2395 ahead of 6.2382/75. A lower break of 6.2340 support needed to signal bears backin control. [W.T]
R5: 6.2760 * 8 May high
R4: 6.2660 29 Apr low
R3: 6.2605 * 29 May congestion high
R2: 6.2590 16 Jun high
R1: 6.2510 29 Jun high

S1: 6.2395 25 Jun low
S2: 6.2382/75 22 Jun/25 May lows
S3: 6.2340 * 22 May low
S4: 6.2305 * 28 Oct low
S5: 6.2273 9 Oct low

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