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MoodandMarkets
Jun 1, 2020 1:17 PM

In the trader war the CNH could be strengtening? Short

U.S. Dollar/Chinese YuanFXCM

Description

I am waiting for a strong resistance zone around at 7.2 - 7.3(rising grey line) and the next coming wave could be the first wave of a wave C decline. So if there will be a reversal pattern then the next target in the falling could be somewhere around the rising 50SMA, slightly below 6.84.


Comments
InkyGrip
The market just hit at the c a strong weekly resistance
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