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.
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.
Nota
As ExpectedNota
Trade simple. Price drop 0.81% since this chart posted, and now just teasing the bear
Nota
Tested the purple line as expected, and failed
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.