USDCNH: UPDATE FROM LASTCALL

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Previous posting of 3 of 3 down is negated because of overlap of minor ii exceeded the start of i. The structure now suggests a probable wave a and wave b are formed and a downswing for wave c.

There are other possible outcome from this current structure which is also a possible triangle pattern. if so, then the latest low must not be breached and has bullish implication.

Watch for development

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