Bullish continuation on USDCNH:
- Trend line rejection.
- 0.50 Fib level rejection.
- Break and retest of daily resistance level.
- US Non-Farm Payrolls are more than good enough.
- The Fed's unwillingness to cut interest rates has been confirmed.
- Trend line rejection.
- 0.50 Fib level rejection.
- Break and retest of daily resistance level.
- US Non-Farm Payrolls are more than good enough.
- The Fed's unwillingness to cut interest rates has been confirmed.
Note
Trade closed: Took profit manually after gap.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.