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USD/CNH sees positive signals

6.2740 doji in Asia after halting at 6.2775 - inside day yesterday Momentum studies, 5, 10 & 20 dma's move higher - positive setup Earlier 6.2775 high then yesterday's 6.2835 high resistance Targets 6.2898 2015 high, the…

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USD/CNH sees positive signals
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  • 6.2740 doji in Asia after halting at 6.2775 - inside day yesterday

  • Momentum studies, 5, 10 & 20 dma's move higher - positive setup

  • Earlier 6.2775 high then yesterday's 6.2835 high resistance

  • Targets 6.2898 2015 high, then 6.3495 50% 2011/14 low

  • 6.2665 rising 5dma then 6.2579 5 & 10 dma's support

 

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