david03kimo

Is TWD stronger than CNY?

Short
FX_IDC:CNYTWD   CHINESE YUAN / TAIWAN NEW DOLLAR
If so, means the money flow from China to Taiwan.

clues:

The CNYTWD lower than the lowest of 2008 financial crisis.The trend of monthly is down and pullback to the resistance.
It might become a false break up than go down continuously.

Anybody agree or disagree my prediction?Please comment and feedback.Thanks.

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