By Ewen Chew — Apr 28 - 07:29 PM
• USD/CNH tilting lower after reversal from strength Mon
• Ended 7.2830, below 100 DMA support 7.2907, due to USD/JPY
• USD/JPY pullback seen with lower UST yields, Wall St gains
• If USD/CNH ends Tues below Fibo 7.2794, downside available
• China says Trump and Xi did not have phone call
• Bessent says first trade deal might be with India
CNH:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters
