Yuan Strength Continuation
Fundamentals & Sentiment
USD:
- Middle East tensions reaction seems exhausted
- Mixed recent economic data
CNH:
- Relaxed restrictions on home buying should stimulate yuan demand
- Chinese stock market should drive the demand for yuan
Technical & Other
USD:
- Middle East tensions reaction seems exhausted
- Mixed recent economic data
CNH:
- Relaxed restrictions on home buying should stimulate yuan demand
- Chinese stock market should drive the demand for yuan
Technical & Other
- Setup: Other - S(RTF), No Stop Hunt
- Setup timeframe: 4h
- Trigger: 1h
- Medium-term: Down
- Long-term: Down
- Min target: Local lows
- Stop loss: 0.27%
- Position size: 0.5R
Trade closed manually
Don't like the price action. -0.5R
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.
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.