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Monday, May 15, 2017

Fxwirepro: Chinese Yuan falls As China’s Retail Sales, Industrial Production Fail to Meet Expectations

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USD/CNY is currently trading around 6.8991 marks.   It made intraday high at 6.8996 and low at 6.8946 levels.   Intraday bias remains bullish till the time pair holds key support at 6.8907 marks.    A sustained close above 6.8971 marks will test key resistances at 6.9080, 6.9146, 6.9204, 6.9336, 6.9496, 6.9615, 6.9778 and 6.9883 …

The post Fxwirepro: Chinese Yuan falls As China’s Retail Sales, Industrial Production Fail to Meet Expectations appeared first on ForexTV.

May 15, 2017 at 09:27AM

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from Insta Forex

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