BarnabasMbogo

USDCNY DAILY POTENTIAL BULLISH OPPORTUNITY

Long
FX_IDC:USDCNY   U.S. Dollar / Chinese Yuan
USDCNY

TRADE PLAN
INSTRUMENT: USDCNY
TIMEFRAME: DAILY

DESCRIPTION
While awaiting FED decision later today, there are potential bullish entries on Lower timeframe with stop loss at 6.830.

If price break the stop, we shall look for another bullish entry at the external trendline targeting 7.4900 level.

Fed rates hike will confirm the bullish bias.

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