3/Jun/2020: If support zone (7.07-7.08) is good, upper resistance zone, see (7.15~7.16), which has two symmetries, one 0.618.
Next support zone, see (7.03-7.04).
Comment
From the 7.08 low, USDCNH goes up well. Now in 1h chart, 8/34 EMA crosses up, which is a sign of Long.
Comment
Easily blew through downside (7.07-.08) support zone.
I would expect the market to test its (7.03-7.04) support zone, which is much stronger since it is composed of 5 symmetry lines.
Comment
Tested (7.03-7.04) support zone, so far so good. For next move, I would expected to see whether this zone can be hold, and whether 2h 8/34 EMA can cross up.
Comment
15/Jun/2020: Perfect test and respected at (7.03-7.04) level.
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