• USD/ CNY hit two month high on Tuesday as dollar was bolstered by bets of a possible return of Donald Trump to the White House .
• Bets on former president Trump winning the Nov. 5 election have also lifted U.S. yields as markets anticipate policies that could delay interest rate cuts.
• The yuan is down 1.6% against the dollar this month, as markets price in a potential election victory by Trump.
• At GMT 05:27,the dollar was up 0.19 % at 7.138 against Chinese Yuan.
•Technical signals are bearish as RSI is trending lower, moving averages are trending down
• Immediate resistance is located at 7.140 (23.6%fib), any close above will push the pair towards 7.168 (Higher BB).
• Support is seen at 7.116(38.2%fib) and break below could take the pair towards 7.110 (Oct 24th low).
Recommendation: Good to buy around 7.130 with stop loss of 7.080 and target price of 7.170


FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
Crypto Bias Report: Trend Signals and Top Bullish Picks
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: GBP/AUD bears maintain upper hand 



