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Keeping an eye on CNH

CNH
Worth keeping an eye on the Yuan, with the broader base USD selling.
  • SUNDAY: "Asia Pacific nations signed the biggest regional free trade agreement"
  • Next support comes at the November low at 6.5475, which is also the lowest level seen since 26/0618.
  • A clear bre4ak through the latter would open to 6.5173 and the Psychological 6.50 area.
  • Likely to see some demand, and market participants will keep a close eye on the CB.
  • A clear break through the 6.50 area, opens to 6.4628 (retracement from the 2018 low)

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