When a breakout happens, target is around 8 to 10% Yuan devaluation. Chinese goods could use a 10% devaluation. I find their goods relatively high priced compared to similar quality goods around East Asia.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
