By Ewen Chew — May 20 - 08:36 PM
• USD/CNH gravitates lower to 7.2095 from open 7.2145
• Tues rejection by 200 DMA weighs on weak long positions
• Wed close below 7.2012 engages Bollinger downtrend channel
• USD/JPY falling again; steady decline drags USD/AXJ down
• PBOC fix might however rise, prop up USD/CNH
• China stocks eyed following successful CATL HK debut
CNH:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters
