USDCNY breaks out the upper limit finally, target 7.17 and more
Finally, we see USDCNY breaks out the upper limit from a triangle pattern .
On 25/May/2020, I wrote:
Two targets:
1. (7.20), this includes:
- the last all time high,
- one 1.272 and two 1.618
from previous swings.
- That's also an important
psychological level.
2. (7.171 - 7.176), these are
- two 1.272 extensions from
previous swing.
On 25/May/2020, I wrote:
Two targets:
1. (7.20), this includes:
- the last all time high,
- one 1.272 and two 1.618
from previous swings.
- That's also an important
psychological level.
2. (7.171 - 7.176), these are
- two 1.272 extensions from
previous swing.