It appears that the Chinese Yuan is to devalue (much) more.
Fundamentally, the Chinese governement is coming up with countermeasures to offset the effects of the SARS-CoV-2 virus outbreak; which has also disrupted global trade activities.
Technically, the USDCNH chart is on the verge of a break out, with MACD and OBV poised for support.
Target for USDCNH is 7.15 as marked out in the chart.
Watch the daily chart for the soon to happen breakout...
Fundamentally, the Chinese governement is coming up with countermeasures to offset the effects of the SARS-CoV-2 virus outbreak; which has also disrupted global trade activities.
Technically, the USDCNH chart is on the verge of a break out, with MACD and OBV poised for support.
Target for USDCNH is 7.15 as marked out in the chart.
Watch the daily chart for the soon to happen breakout...
노트
Broke out!Yuan depreciating and USD appreciating!
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.