pantheo

Big move in US dollar against yuan

OANDA:USDCNH   USD/CNH
Facing broadening formation and momentum resistance after +6% in this quarter, crossing above last year's high

Geopolitics in place as China is trying to weaken it's currency following Japan's lead. 2019 & 2020 double top
will be difficult to break at once, but you never know in the current environment.

Give it maybe another quarter or less before the US will start complaining about currency manipulation and rings the headlines
everywhere
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