USDCNH Short Idea!
Fundamentals
-Chinese purge of risky assets
-risk taking
-emerging markets uptrend
-housing bubble does not affect short term
Technicals
-Triangle
Pros
-Least affected by Fed decisions
Cons
-Rebalancing of USDHKD may result in unwanted spillover to Renminbi
-Donald Trump
-Chinese purge of risky assets
-risk taking
-emerging markets uptrend
-housing bubble does not affect short term
Technicals
-Triangle
Pros
-Least affected by Fed decisions
Cons
-Rebalancing of USDHKD may result in unwanted spillover to Renminbi
-Donald Trump
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