We are witnessing a breakout in USD/CNH, with CNH being significantly impacted by tariff developments. Following the release of USD PMI data, the dollar is showing renewed strength, reinforcing bullish momentum.
After a liquidity sweep, USD/CNH has gained traction, and today’s price action has formed a strong engulfing bar, signaling continued upside potential. With this confirmation, the pair is poised for further gains as buyers step in.
After a liquidity sweep, USD/CNH has gained traction, and today’s price action has formed a strong engulfing bar, signaling continued upside potential. With this confirmation, the pair is poised for further gains as buyers step in.
Trade closed: target reached
Wonderful trade. took partial and trade closed Disclaimer
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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.