HX_Fund

USD/CNH 15 Dec 2019.

Short
FX:USDCNH   U.S. Dollar/Chinese Yuan
Technical looks pretty bearish with LHLL. 6.95 was well supported with heavy volume, we might see a temporary pull back to 7.05 area. Watch that area closely. Target price 6.9. Trade war update plays a huge part on the movement of this pair, so watch closely.

As long as 7.15 holds, we should see a further downside.
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