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aibek
Sep 6, 2018 9:24 AM

USDCNH. Correction continues. Target 6.73 Short

U.S. Dollar/Chinese YuanFXCM

Description

The last sideways consolidation shaped the notorious Triangle pattern in wave B as a junction of waves A and C of this big correction.
The drop could hit the area of 6.73 as market thinks about the deeper retracement lately.
Its all about the uncertainty of US-China relations and players tread the water to take their time.

Trade closed: stop reached

invalidated
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