IvanLabrie

USDCNH: Update - Time at mode uptrend signal

Largo
FX:USDCNH   U.S. Dollar/Chinese Yuan
If this signal works, we'll have a great rally into resistance, which could lead to a top, and a sideways consolidation for some time in the 6.75-7 range. I think this would align with other markets showing similar mixed signals regarding equities and the dollar, or with bonds and gold chopping around but finding buyers in the daily oversold lows.

Bitcoin also paints a similar picture, potentially consolidating for a good 1-3 months in this zone where it is now.

Good luck,

Ivan Labrie.

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.