USD: USDCNH has found support ahead of 6.6900

* USDCNH has been bid so far today, helped by the broader Dollar bid. * USDCNH achieved the initial target highlighted since March at the 2023 low of 6.6975 on Friday with some investors favouring Chinese Assets on the back of the Middle East crisis. * The cross did trade as low as 6.6934 last Friday and has found some demand just ahead 6.6900 on Monday and Tuesday. * Further downside continuation would open to circa 6.6100 next, while the resistance moves back up to 6.7500. (Chart source: MNI/Bloomberg Finance LP).