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USDCNY Reversal

Long
Dollar Américain / Renminbi Yuan (FX_IDC:USDCNY)  
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FX_IDC:USDCNY   Dollar Américain / Renminbi Yuan
Trend Analysis Beyond Technical Analysis
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trendanalysis beyondta
USDCNY
The dollar appears to be bottoming vs the yuan and is reversing with some strength. Considering the current trajectory of the DXY, I am thinking this is going to go much higher by the time this is all said and done. I would not be surprised if we see USDCNY > 6.75 by the time this is all said and done.

The DXY:
snapshot

This idea on USDHKY shows the type of move I would be expecting.

USDHKD breaking out

Idées en relation

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DXY Bullish Continuation
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USDHKD breaking out
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DXY Looking Bullish
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