JFD_Research

USDCNY - Daily - Neutral... For now

FX_IDC:USDCNY   U.S. Dollar / Chinese Yuan
USDCNY started moving south in the end of last week, but quickly found support near 6.8685 zone and retraced back up above the short-term upside support line. That said, we will remain cautious and for a confirmation brake through one of the highlighted areas, before we take any action.

Please review the chart for details.

Don't forget to have your SL in place.
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