USDCNH - Evergrande aftermath

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China's 2nd largest real estate developer just defaulted. Debt crossed 600B USD

Note: Lehman was liquidated for 600B, also owned by many international banks

Trade: long USD demand for dollars and CCP may devalue its currency to bail out Evergrande.

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ملاحظة

Previous order did not trigger. Waiting for the small correction to tire out

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تم فتح الصفقة

Entered with SL at 6.40

٢٧ أكتوبر ٢٠٢١

أغلقت الصفقة: تم الوصول لوقف الخسارة