By Ewen Chew — Apr 14 - 08:44 PM
• USD/CNH creeps higher to 7.3180, eyeing 7.3340 resistance
• Tues close above that engages Bollinger uptrend channel
• PBOC fix might encourage cautious longs to rebuild
• But risk of de-dollarisation theme returning is material
• USD/AXJ firms up slightly, led by tentative USD/JPY bounce
• USD/JPY attempting to end three-day losing streak, last 143.45
CNH:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters
