Thursday, October 15, 2026

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USD/CNH bounces along with neutral signals

Offshore 100pts loss improved in Asia on higher CNY fix HSBC flash PMI strong headline - softer details 5 dma & momentum studies crest, 10 & 20 dma's rise - neutral setup Initial support are earlier 6.2625 low & 6.2615 5…

By Meredith J C Warren
1 min read
USD/CNH bounces along with neutral signals
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  • Offshore 100pts loss improved in Asia on higher CNY fix

  • HSBC flash PMI strong headline - softer details

  • 5 dma & momentum studies crest, 10 & 20 dma's rise - neutral setup

  • Initial support are earlier 6.2625 low & 6.2615 50% of Feb rise

  • Yesterday's 6.2775 high then Monday's 6.2797 high resistance

 

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