Rebound soon for USDCNH

١٩ أكتوبر ٢٠٢٠

IF you had shorted this pair from 7.10 onwards, it is high time to take some good profits and enjoy. Probably, it has a last leg left if the selling continues to 6.60 before we see a rebound.

٢٠ أكتوبر ٢٠٢٠

ملاحظة

6.67548 support is now broken.

٢٨ أكتوبر ٢٠٢٠

ملاحظة

and the rebound happens.

٤ نوفمبر ٢٠٢٠

ملاحظة

we are reaching a crucial support level now. Let's see this week if the rebound will take place

١٣ نوفمبر ٢٠٢٠

ملاحظة

This is not good as it has breached the support at 6.60. If it continues next week, it would accelerate further to 6.40

٢٥ نوفمبر ٢٠٢٠

ملاحظة

globaltimes.cn/content/1208053.shtml

٤ يناير ٢٠٢١

ملاحظة

wow, we are now reaching 6.40 soon and who knows if it would plunge further to the 6.20 level before a rebound is possible.