Interesting possible bullish set up on USDCNH ahead of today US annual June CPI at 14:30 GMT+2
Buy entries should be triggered in case of hourly session close above the downtrend line of yesterday’s high and confirm the break of the bullish flag continuation pattern, with stop loss below today low at 6.7220 and target around 6.7744, giving an overall R/R of 2.
Buy entries should be triggered in case of hourly session close above the downtrend line of yesterday’s high and confirm the break of the bullish flag continuation pattern, with stop loss below today low at 6.7220 and target around 6.7744, giving an overall R/R of 2.
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