US Dollar/Chinese Yuan
ロング
更新済

USDCNH Strong momentum to the upside, target 6.67

77
I'm bullish on USDCNH for a while. Chinese Renminbi was strong last year due to the quick recovery from covid-19 crisis. Now it's the U.S. turn as more American people got vaccinated.

Not mention the investors' projection of rate hike to contain inflation.

Previously, I mentioned in my published idea that I'm concerned on CSI300 and Hang Seng index. The rising exchange rate of USDCNH will hurt the stock markets. I will eye on the uprising speed.

To be a qualified trader or investor, you got have your trading/investment framework which required standardized process to help us make informed trading/investment decisions. I'd like to explore the cause-effect relations between different assets or underlying. That will enhance my winning ratio and have a peaceful mind.

Enjoy your trade and give me a like and follow if you think my idea is useful.



ノート
It goes deep into the key supply zone. It's very likely that the zone will be broken through.
スナップショット

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。