Derived Data That Drive Results
By Ewen Chew — Apr 29 - 09:25 PM
USD/CNH perks up with USD/JPY bounce, last 7.2439 from 7.2420
May reclaim 61.8% Fibo 7.2461 if USD/JPY keeps rising
That will avoid Bollinger downtrend channel at 7.2450
PBOC fix lowered three pips to 7.1063; deviation -1400 pips
China official and Caixin manufacturing PMIs due soon
Both expected to show a slower pace of expansion in Apr
For more click on FXBUZ
CNH: Click here
Source:
Refinitiv IFR Research/Market Commentary
