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OmiFX8

CNY/MYR looks bearish on charts

Short
CHINESE YUAN / MALAYSIAN RINGGIT (FX_IDC:CNYMYR)  
OmiFX8  
FX_IDC:CNYMYR   CHINESE YUAN / MALAYSIAN RINGGIT
Trend Analysis Chart Patterns CNYMYR CNY MYR currency
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trendanalysis chartpattern cnymyr cny myr currency
CNY/MYR looks set to dive out of a two-year ascending channel

1. Bear divergence of RSI and MACD on weekly timeframe.
2. Multiple rejections above 0.66 in recent months.
3. Monthly MACD crossing bearish.





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