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ViktorGali
Oct 28, 2020 1:46 PM

Scenario: run-down to the previous top and go up! Long

OANDA:USDCNH240
USD/CNHOANDA

Description

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This is a pullback to the previous top (buy limit), stop under the relative bottom, target price is 6.80880. We can see the reverse of the short trend. Fundamental support: PBOC withdraws liquidity.
Trend AnalysisUSDCNHUSDCNHLONGpullbacktrendreverse
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