USD/CNY has been trading upside as I expected. The price reached my first upside objective at 6.910 and is heading towards second upside target.
Due to the strong upside momentum and no sign for the reversal, I see further growth.
Watch for potential buying opportunities on the intraday dips with the upside objective at 7.080.
MACD oscillator is showing fresh new upside momentum, which is good sign for further growth.
Key support is set at the price of 6.830