USDCNH UPDATE

١١ يناير ٢٠٢٢USDCNH has recently broke above daily supply with a impulse to the upside, followed by a correction to retest previous retest previous resistance as new support in confluence with the 0.618 fibonacci. On the 4h TF we can see price is still in a corrective downtrend, waiting for a break and retest of 4H structure before we can potentially look at a long entry here.