USD/CNH Intraday: bullish bias above 6.4520.

USDCNH

Trading Central 2021-01-14 09:53:07

Pivot: 6.4520

Our preference: long positions above 6.4520 with targets at 6.4700 & 6.4790 in extension.

Alternative scenario: below 6.4520 look for further downside with 6.4350 & 6.4250 as targets.

Comment: a support base at 6.4520 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

6.4880

6.4790

6.4700

6.4611 Last

6.4520

6.4350

6.4250

Disclaimer

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