The price action is is moving in a pennant which is narrowing more over the price line is also going near the 200MA support.
The RSI is over sold and getting bullish.
The chopinex index is above upper band more than 61.80 and I am expecting extreme volatile move towards lower band.
The USDCNH is also getting bounced from 2day 1st pivot support.
I am expecting that the price action will touch atleast 2 day pivot point which is at 6.74483 and can move upto max 1st pivot resistance which is at 6.81710 insha Allah.
Regards,
Atif Akbar (moon333)
The RSI is over sold and getting bullish.
The chopinex index is above upper band more than 61.80 and I am expecting extreme volatile move towards lower band.
The USDCNH is also getting bounced from 2day 1st pivot support.
I am expecting that the price action will touch atleast 2 day pivot point which is at 6.74483 and can move upto max 1st pivot resistance which is at 6.81710 insha Allah.
Regards,
Atif Akbar (moon333)