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jqgreen09

Where USDCNY is headed could be alot higher than expected.

USA-dollar / Kinesisk yuan (FX_IDC:USDCNY)  
jqgreen09 Uppdaterad   
FX_IDC:USDCNY   USA-dollar / Kinesisk yuan
Trend Analysis Beyond Technical Analysis
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trendanalysis beyondta
Where USDCNY is headed could be alot higher than expected. Since it's inversely correlated to Bitcoin I wonder what will see now that it's breaking resistances, will it bounce on what has now turned support or will it plunge back into the range without completing wave 5..With the bounce from the begining of he year I wouldn't be surprised here to see USDCNY rip higher.
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Let's see if it stays below 7.400 or goes higher.
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