From the Price Action, it is quite obvious that the
selling pressure is greater than buying pressure now.
Overall, we are bearish on USD/CNH
Here are 2 trading plans for you:
1. Wait for bearish signal to short
2. If price pull back higher to Resistance Zone,
wait for bearish signal to short :)
selling pressure is greater than buying pressure now.
Overall, we are bearish on USD/CNH
Here are 2 trading plans for you:
1. Wait for bearish signal to short
2. If price pull back higher to Resistance Zone,
wait for bearish signal to short :)
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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.
Related publications
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.