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• USD/CNY eased slightly on Tuesday as the greenback pulled back slightly on Trump tariff speculation.
• The greenback weakened after a Washington Post report revealed that Trump's aides were considering tariffs targeting only sectors deemed critical to U.S. national or economic security.
• The dollar reached a 26-month high against the currency last week as China is seen as one of Trump's major tariff targets.
• At GMT 06.51,the dollar was up 0.07% at 7.327 against Chinese Yuan .
• Immediate resistance is located at 7.331(23.6%fib), any close above will push the pair towards 7.335 (Higher BB)
• Support is seen at 7.32(Daily low) and break below could take the pair towards 7.291(38.2%fib).
Recommendation: Good to buy around 7.315 with stop loss of 7.260 and target price of 7.360
