Tickmill
Short

USDCNH reversed from resistance, potential drop!

FX_IDC:USDCNH   U.S. DOLLAR / OFFSHORE CHINESE YUAN

USDCNH reversed off its resistance at 7.0344 where it could potentially drop further to 6.9466.
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This analysis is provided as general market commentary and does not constitute investment advice.
Ascending wedge breakout and retest.High chances to ride lower.

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