Forex - Chart USD/CNY 1-Yr Update: Consolidation prevails

23:05 |

Chart USD/CNY 1-Yr Update: Consolidation prevails (QDYC4501)
28 Mar USD/CNY 1-Yr NDF Daily
01:30 GMT - Daily technical tools remains neutral with prices still well-confined within the 6.3225-6.3445 band. Above 6.3445 resistance will expose potential for gain towards recent high of 6.3583. Below 6.3225 support will see stronger level at 6.3129 coming into play. [W.T]
R5: 6.3814 * 61.8% of 6.4623-6.2505 drop
R4: 6.3755 27 Dec low
R3: 6.3725 * 1 Dec low
R2: 6.3583 * 14 Mar high
R1: 6.3445 26 Mar high

S1: 6.3295 27 Mar low
S2: 6.3225 23 Mar low
S3: 6.3175 20 Mar low
S4: 6.3129 * 13 Mar low
S5: 6.3070 * Support line fr 9/2 low

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