USDCNH downside reversal

USDCNH is breaking below 7.200

 

USDCNH is breaking below 7.200 again after the retest of this broken resistance. This break below again is opening the perspective for a deeper pullback reversal to the 6.8-6.9 zone in the coming weeks. It is making a significant medium-term top as the USD is making it also across the market.

Note: look for the short trade with the stop loss above 7.200

 

USDCNH reversal

 

 

 

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