USD/CNH intraday: as long as 6.8913 is resistance look for 6.8488
Our preference: as long as 6.8913 is resistance look for 6.8488.
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Our preference: as long as 6.8913 is resistance look for 6.8488.
Alternative scenario: the downside breakout of 1.6241 would call for 1.6188 and 1.6156.
Alternative scenario: the downside breakout of 90.06 would call for 89.64 and 89.38.
The MACD is positive and below its signal line.
Our preference: the upside prevails as long as 0.5542 is support.
Alternative scenario: the downside breakout of 0.8269 would call for 0.8237 and 0.8218.
Alternative scenario: the downside breakout of 1.9956 would call for 1.9891 and 1.9852.
Alternative scenario: the downside breakout of 1.6519 would call for 1.6479 and 1.6455.
Alternative scenario: the downside breakout of 0.9799 would call for 0.9774 and 0.9759.
Long positions above 101.8400 with targets at 102.3000 & 102.5000 in extension.
Long positions above 1.3370 with targets at 1.3400 & 1.3420 in extension.
Long positions above 0.8960 with targets at 0.9000 & 0.9020 in extension.