Rebound soon for USDCNH

Oct 19, 2020

IF you had shorted this pair from 7.10 onwards, it is high time to take some good profits and enjoy. Probably, it has a last leg left if the selling continues to 6.60 before we see a rebound.

Oct 20, 2020

Note

6.67548 support is now broken.

Oct 28, 2020

Note

and the rebound happens.

Nov 4, 2020

Note

we are reaching a crucial support level now. Let's see this week if the rebound will take place

Nov 13, 2020

Note

This is not good as it has breached the support at 6.60. If it continues next week, it would accelerate further to 6.40

Nov 25, 2020

Note

globaltimes.cn/content/1208053.shtml

Jan 4, 2021

Note

wow, we are now reaching 6.40 soon and who knows if it would plunge further to the 6.20 level before a rebound is possible.