The USD/CNY pair fell below 6.80 and could suffer deeper losses, courtesy of the large bearish relative strength index (RSI) divergence seen in the daily chart. An uptick in the CNY could put a bid under the AUD, other China proxies, commodities. Daily chart Spot Rate: 6.7935 Daily High: 6.8222 Daily Low: 6.7885 Trend: Bearish Resistance R1: 6.8222 (daily high) R2: 6.8389 (July 30 high) R3: 6.8440 (July 2017 high) Support S1: 6.7891 (10-day moving average) S2: 6.7360 (July 26 low) S3: 6.7168 (July 3 high) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Oil opens August on the downside, WTI in play below $70 FX Street 5 years The USD/CNY pair fell below 6.80 and could suffer deeper losses, courtesy of the large bearish relative strength index (RSI) divergence seen in the daily chart. An uptick in the CNY could put a bid under the AUD, other China proxies, commodities. Daily chart Spot Rate: 6.7935 Daily High: 6.8222 Daily Low: 6.7885 Trend: Bearish Resistance R1: 6.8222 (daily high) R2: 6.8389 (July 30 high) R3: 6.8440 (July 2017 high) Support S1: 6.7891 (10-day moving average) S2: 6.7360 (July 26 low) S3: 6.7168 (July 3 high) Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
