Thursday, October 15, 2026

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USD/CNH sees tight ranges – market waits for China’s return

Tight consolidation during Chinese New Year extends - 20pt bounce in Asia 5 dma & momentum studies peak, 10 & 20 dma's climb - neutral setup 6.2672 38.2% Feb rise then 6.2647 10 dma initial supports Yesterday's 6.2797 hi…

By Meredith J C Warren
1 min read
USD/CNH sees tight ranges – market waits for China’s return
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  • Tight consolidation during Chinese New Year extends - 20pt bounce in Asia

  • 5 dma & momentum studies peak, 10 & 20 dma's climb - neutral setup

  • 6.2672 38.2% Feb rise then 6.2647 10 dma initial supports

  • Yesterday's 6.2797 high & Friday's 6.2820 top first resistance

 

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