Get started
US Dollar / Chinese Yuan
Long

What If China Recovery Isn't Happening Just Yet?

54
Fundamentals & Sentiment

CNH:
- PBoC cut the rate; other stimulus measures

USD:
- Recent strong data
- Cautious, "balanced" approach by the Fed

Technical & Other

- Chinese equities struggle to keep the upward momentum

  • Setup: TC(RTF)
  • Setup timeframe: 4h
  • Trigger: 1h
  • Medium-term: Up
  • Long-term: Down
  • Min target: Local high
  • Stop loss: 0.28%
  • Position size: 0.66R
Cherry94
Also on:
Beyond Technical AnalysisChart PatternsFundamental Analysis

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.
Beyond Technical AnalysisChart PatternsFundamental Analysis
Cherry94
Also on:

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.