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Alix-Pimodan
Aug 6, 2018 1:27 PM

Short EUR/CNY Short

FX_IDC:EURCNY1D
EURO / CHINESE YUANICE

Description

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The recent increased expense ratio on short trades on the CNY-RMB will naturally push the value of the Chinese currency up versus the EUR and USD. A quick trade for a quick 1/5-2%.
Support and ResistanceBeyond Technical Analysis
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