TomProTrader

#USDCNH: Bulls Picking Up Steam, Potential Rally! #Forex

Long
FX:USDCNH   U.S. Dollar/Chinese Yuan
5
Traders,

Compelling morning star signal on sideways support level and a clear bullish follow through suggests more upside could be seen off this level. Could see a rally in the form of a corrective or impulse move. Notice the strong bullish Stochastic divergence supporting upside move.
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