USD/CNH Trade Ideas

Trade ideas  SELL 6.99; TP 6.96; SL 7.0050 SELL 6.9450; TP 6.9100; SL 6.9550 BUY 7.0350; TP 7.0800; SL 7.0250 USD/CNH has been steadily declining since the start of October on hopes that the United States and China would take steps towards some kind of a trade deal. As a result, the pair closed belo...

Trade idea BUY 6.9175; TP 6.9450; SL 6.9050 Monday greeted traders by the risk sentiment gone bad. Concerns about the US-China trade tensions returned. Does the technical analysis offer a way to make money on this development? Let’s have a look at USD/CNH. The pair formed a long lower wick on the W...