Predictindex
Short

USDCNY 100% Will Drop Dec.2016

FX_IDC:USDCNY   US DOLLAR / YUAN RENMINBI
27 0 4
5 days ago
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.
2 days ago
Comment: As Expected
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