The bullish tone remains in play above 7.3150
USD/CNH weakens to around 7.3170 in Thursday’s early European session, down 0.29% on the day. The positive view of the pair prevails above the key 100-day EMA with the bullish RSI indicator. The first upside barrier is seen in the 7.3400-7.3405 zone; the initial support level is located at 7.2974. The USD/CNH pair attracts some … Read more