USD/CHN sets sight on 7.2 as rebound from fibonacci support extends

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-china-6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>Chinese Yuan weakens notably in Asian session today, setting its sights on crossing the 7.2 mark against Dollar. This movement is largely attributed to deepening deflation in consumer and factory prices in China, exerting downward pressure on the Yuan. Concurrently, Dollar is still riding the tailwind generated by last week’s robust job data. A key […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/531093-usd-chn-sets-sight-on-7-2-as-rebound-from-fibonacci-support-extends/">USD/CHN sets sight on 7.2 as rebound from fibonacci support extends</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>