Consolidation on the weekly chart has shaped the well-known Triangular pattern (yellow).
Watch the breakout of the upside barrier around 7.3650 for confirmation.
The target is located at the height of the widest part of Triangle added to the upside of the pattern. It's 8.03 CNH/$1
Watch the breakout of the upside barrier around 7.3650 for confirmation.
The target is located at the height of the widest part of Triangle added to the upside of the pattern. It's 8.03 CNH/$1
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.