• USD/CNH inches up to 6.7970, probing 55 DMA, Ichimoku cloud resistance

• Chart barrier around 6.7960 deflected attempt to rally on Monday

• Another failure could see a potential break of 21 DMA support 6.7847

• As USD/JPY tips over 162.00, long-USD bets in AXJ may pare as well

• PBOC says China, HK to expand Bond Connect quota

• Also says national FX reserve will increase investment in HK markets
CNH


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)