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U.S. Dollar/Chinese Yuan

USDCNY (USDCNH) - Buy

By mmrabea
Updated
Setup: Price just broke out of the all time high around the 7.173 area, retested this area and showing signs of further strength to continue the uptrend. We enter at current price levels, set a tight SL under the 7.17 zone and aimed TP at the 78.6% Fibonacci expansion level.
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buyChart PatternsTechnical IndicatorsLONGTrend AnalysisuptrenduscnhUSDCNY
mmrabea

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