Forex - Chart USD/TWD Update: Downmove gaining momentum


 01:11 (GMT) 17 Mar

 [Forex Charts]

17 Mar USD/CNY 1-Yr NDF Daily

01::13 GMT : Corrective strength staged last session faltered towards closing with the appearance of an Engulfing-pattern breaking below 6.6800 support and poised for extension to lower support at 6.6570. Intraday trade should attract sellers. [W.T]
R5: 6.7870 2 Mar high
R4: 6.7686 4 Mar high
R3: 6.7510 * 10 Mar high
R2: 6.7210 16 Mar high
R1: 6.7070 7 Mar low

S1: 6.6570 30 Nov high
S2: 6.6190 * 30 Nov low
S3: 6.6038 * 50% of 6.2340-6.9735 up-eg
S4: 6.5915 19 Nov low
S5: 6.5866 16 Nov high


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