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YUAN RENMINBI / EURO

FX_IDC:CNYEUR
 
     
 
    
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CNYEUR Forex Chart

 

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johannes.patat johannes.patat CNYEUR, 240, Long ,
CNYEUR: Possible evolution...
43 0 4
CNYEUR, 240 Long
Possible evolution...

Difficult risky pair to trade....Event coming within a few hours...

quantguy quantguy CNYEUR, D, Short ,
CNYEUR: Remninmi Bottomed?
9 0 0
CNYEUR, D Short
Remninmi Bottomed?

With the China crash still fresh on everyone's minds its time to ask if the Renminbi has bottomed out or if there is still room to crash. Based on the link attached, there seems to be the potential for a lot more bad debt that China is trying to avoid confronting, and probably couldn't even account for if they tried. On the technical side, note the massive ...

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