USDCNH Downtrend continues with a new lower low created

My chart shows quite clear that the downtrend continues until the nearest control high gets violated.

Based on measured move, there might be another 350 pips drop from the current level.

Note

Actually, price moved beyond the measured move... 500bps down, that's a lot.

JICPT

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Another lower low? Key zone of USDCNH

par JICPT

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