USDCNH ANALYSIS
USDCNH is based above key level at 7.0410
Price broke corrective downtrendline
Pair is forming inverted Head & Shoulders pattern
Price is based on HVN at level 7.0822 which indicates that pair is in accumulation phase
MACD shows starting of bullish momentum
RSI is in uptrend
It's expected for coming bullish wave to target resistance level at 7.1980
Price broke corrective downtrendline
Pair is forming inverted Head & Shoulders pattern
Price is based on HVN at level 7.0822 which indicates that pair is in accumulation phase
MACD shows starting of bullish momentum
RSI is in uptrend
It's expected for coming bullish wave to target resistance level at 7.1980
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