Usd is bullish versus Chinese Yuan
Price remains above the 200 Dma. The past 20 bars shows more bullish bars than bear. And we have recently made a new high.
The sentiment remains for another month where in April the bull will continue.
China has so far been aggressive in Her invasion of Philippine economic zone based on the Unclos. And as the violator, I can see the trust in China is constantly being tested.
From the real property bubble of property development Evergrande to state control stiffling free market of capitalism. I can see only one choice for China.
1. Conform to Capitalism
2. Respect International laws
3. Re think the brics
Of course i don't see china changing her ways anytime soon. Hence i can only foresee based on the idea that the hypothesis is Usd bull.
The sentiment remains for another month where in April the bull will continue.
China has so far been aggressive in Her invasion of Philippine economic zone based on the Unclos. And as the violator, I can see the trust in China is constantly being tested.
From the real property bubble of property development Evergrande to state control stiffling free market of capitalism. I can see only one choice for China.
1. Conform to Capitalism
2. Respect International laws
3. Re think the brics
Of course i don't see china changing her ways anytime soon. Hence i can only foresee based on the idea that the hypothesis is Usd bull.
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