TheShortLife
Short

USDCNH on two resistance trends coalescing

FX:USDCNH   U.S. Dollar/Chinese Yuan
Two strong resistances are coalescing together, unlikely price will succeed pushing higher here especially with DXY             losing steam as well. We have what appears to be two pennants , one pennant in another.

Stop loss should be somewhere around those upper wicks on previous candles.
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