USDCNH
There has been huge bearish momentum with Usdcnh due to top political uncertainty and the pandemic
However, I'm forecasting that the selling pressure will begin to ease and reveal a potential upside for the pair
I would monitor the pair and wait until the bullish trend emerges and ride it to the key levels
Be aware that it could potentially form a consolidation period due to the fact that it looks to be within a channel range.
However, I'm forecasting that the selling pressure will begin to ease and reveal a potential upside for the pair
I would monitor the pair and wait until the bullish trend emerges and ride it to the key levels
Be aware that it could potentially form a consolidation period due to the fact that it looks to be within a channel range.
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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.