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HX_Fund
May 18, 2019 7:14 AM

MACRO USD/CNH ANALYSIS Long

U.S. Dollar/Chinese YuanFXCM

Description

With the trade war tension building up and de-escalation no where to be seen. China government has started depreciating YUAN to counteract against Donald Trump's Tariff. 7 is a easy target( tariff 25% ). We will see more upside unless a resolution has been made. There is a high probability that we will see record high in usd/cnh.
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