ahmedmagdyfarid

USD/CNH Shooting star reversal!

Short
FX:USDCNH   U.S. Dollar/Chinese Yuan
#USD_CNH just formed #Bearish #ShootingStar reversal candle on the #Weekly timeframe with a long wick that implies for a reversal signal for a wave of short positions coming to drag spot PA from 6.85 to our TP targets and key support levels at 6.70 & 6.58!

While #CNH #Renminbi appreciating against #Greenback , #GOLD #XAU_USD will accelerate to the upside to gain some short-term #Bullish momentum to hover around 1195 & 1205

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