Key level to watch on USDCNH
USCNH undergo high volume selling and plunge close to 1%. Now reaching key level of support. Once the support level break expected a lot of space to drop before reaching 200MA area at 6.71 to 6.74 support area.
Key thing to take note if the selling momentum continue for the week might raise bearishness for other USD pairs too and opportunity for short seller to come in
Key thing to take note if the selling momentum continue for the week might raise bearishness for other USD pairs too and opportunity for short seller to come in
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