USDCNH: Update - Bottom spotted
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USDCNH is signaling a potential bottom in the dollar here. We're at the 'Election key level', where previous declines have bottomed after buyers stepped in with force.
You can expect higher prices out of this juncture with very high probability. I'm not trading this pair personally, but I do watch it for its significance.
Good luck,
Ivan Labrie.
You can expect higher prices out of this juncture with very high probability. I'm not trading this pair personally, but I do watch it for its significance.
Good luck,
Ivan Labrie.
Commento
Looks ok so far.Commento
Going well here.Commento
Bam!Confirmed on close, today.
Commento
The first signal failed, but now it's ready to move higher it seems.
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