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AlexxChan

China in turmoil means money for us

Panjang
U.S. Dollar/Chinese Yuan (FX:USDCNH)  
AlexxChan  
FX:USDCNH   U.S. Dollar/Chinese Yuan
china turmoil LONG yuan Stocks Forex up
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china turmoil long yuan stocks forex up
After the crash of the chinese stock market (which happened twice!), a BUY oppourtunity up seems like a very strong opportunity that exist. Currently USDCNH is in a pendent formation. My bet is that it will go

I've personally never traded this pair before, however it is a rare opportunity and possible capitalization exists.
Penafian

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