usdcnh sideway

usdcnh
28 October 2024
Usdcnh chart
Technical Price action
time frame : 15 m

Technical approach : (resistance & support _ momentum ) _ FAKE BREAKOUT from 7.1450 - Reaction to dynamic trendline and break weak resistance (7.1450) - support (7.1250) midline. sell target is (7.1250) buy target is (7.1600).
My idea is downtrend yet. support area midline (7.1250) and strong bullish to target (7.1600)
Is in sideway yet.
SUPPORT prices : 7.1250 & 7.1100
RESISTANCE prices : 7.1600
Technical IndicatorsParallel ChannelTrend Lines

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