Renminbi (USDCNH) Pullback Is Coming Before More Upside

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/05/f-china67.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2020/05/f-china67.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/05/f-china67-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 as wave ((III)) and from there it made a perfect zig – zag correction structure to equal legs at 7.1964 in June 2020. After these 3 swings, USDCNH should […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527187-renminbi-usdcnh-pullback-is-coming-before-more-upside/">Renminbi (USDCNH) Pullback Is Coming Before More Upside</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *