Yes, take my words.
Sell when price breaks the purple line, or else price will test upper grey line.
Recommend to short when price fail to stand above 6.90.
Fundamental:
1.USD---Bear will join to bring down the dollar as Trump's action scare out of investors.
1.1. When market is 99% sure of increasing interest rate, take the 1% side, because you will always win as the market manipulation is real.
2.CNY-Demand of CNY will increase as investors are now able to trade with HK(Hong Kong) Market.
Technically :AB=CD Finish.
Conclusion: No doubt CNY will find some buyer on this level and say good buy with the strong $ for a while.
Sell when price breaks the purple line, or else price will test upper grey line.
Recommend to short when price fail to stand above 6.90.
Fundamental:
1.USD---Bear will join to bring down the dollar as Trump's action scare out of investors.
1.1. When market is 99% sure of increasing interest rate, take the 1% side, because you will always win as the market manipulation is real.
2.CNY-Demand of CNY will increase as investors are now able to trade with HK(Hong Kong) Market.
Technically :AB=CD Finish.
Conclusion: No doubt CNY will find some buyer on this level and say good buy with the strong $ for a while.
Comment:
As Expected
Comment:
Trade simple. Price drop 0.81% since this chart posted, and now just teasing the bear
Comment:
Tested the purple line as expected, and failed
