The USDCNH chart reveals a potential trend continuation as the pair approaches key resistance levels. The upward momentum is supported by steady higher lows, and the recent price action appears to be aligning with Fibonacci retracement zones, suggesting areas of possible reversal or breakout. The overall structure indicates that traders might keep a close watch for a breakout above resistance or a pullback to support levels, which could present trading opportunities. The bottom indicator reflects a strengthening trend correlation. Let’s monitor this flow for further confirmation in the coming sessions!
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