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USDCNH


pipdmt

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USDCNH_e is currently rallying around 7.06106. On the 1 Hour Chart , the previous  candle closed below the previous  52 Period Exponential Moving Average. 
 This is a possible Indication that we are in an active Down trend  . USDCNH_e is currently in a range, not going above the previous day's highest high 7.08099,or the previous day's lowest low 7.05484.

image courtesy of freshforex

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AUDNZD

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If the price breaks above 1.0683 then we will consider a long term buy with our target at 1.02601.  And on the flipside, a sustained move below 1.0683 will  attract sellers with an ideal target around 0.99935.

image courtesy of freshforex

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