FX:USDCNH   U.S. Dollar/Chinese Yuan
USDCNH in the descending channel. It forms the small bullish triangle and bearish ascending wedge inside.

☝🏻 More and more countries have trading relationships with China. It may:
- make the yuan more and more popular;
- put the dollar under structural pressure;
- increase tensions between China and the United States.


Best regards EXCAVO

VIP group + EXCAVO portfolio for FREE
More info
partner.bybit.com/b/excavo

t.me/excavo - admin

t.me/excavonews
t.me/excavochannel
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.