USD/CNH intraday: the downside prevails as long as 7.3325 is resistance
Our pivot point is at 7.3325.
Our preference: the downside prevails as long as 7.3325 is resistance.
Alternative scenario: above 7.3325, look for 7.3449 and 7.3523.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 7.3258 and 7.3275).
Supports and resistances:
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