USD/CNH Intraday: bullish bias above 6.5480.

Trading Central 2020-11-19 09:41:07

Pivot: 6.5480

Our preference: long positions above 6.5480 with targets at 6.5730 & 6.5860 in extension.

Alternative scenario: below 6.5480 look for further downside with 6.5320 & 6.5200 as targets.

Comment: a support base at 6.5480 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

6.6000

6.5860

6.5730

6.5600 Last

6.5480

6.5320

6.5200

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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