Forex Daily Recap – Sharp Pullbacks Pushed USD/CNY pair Below 50% Fib Level

USD CNYUSD CNY The Chinese Yuan pair had struggled hard in the last few sessions to stay above 6 8772 level or 38 2 Fibonacci level Somehow the bulls couldn t hold gains for long The USD CNY pair underwent a sharp pullback on Wednesday reaching near 6 8678 support mark The significant 200