The Chinese Yuan may have encountered an area of support. Stay tuned to see what happens.
Trade active
Taking another look at this markup and I may have ignored the lower high and lower low. The Yuan may continue falling especially if it breaks below the range. Trade closed: target reached
I have made my mind up on this. The yuan is showing signs of bullish behavior. In my opinion, the yuan is bullish against the dollar.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.