Worth keeping an eye on the Yuan
Mar-16 02:45By: Fabrice Ben Hassine
Oil Bullets+ 1
- Worth keeping an eye on CNY and CNH as the currency takes another leg higher against the Greenback.
- Next MNI tech support in USDCNY comes at 6.3554 - Low May 17, 2018
- Next support in USDCNH is seen at the 23/05/2018 low at 6.3479.
- Recall Tuesday's Reuters source piece: "China state banks buy dollars to curb rapid yuan rally - sources"
