USD/CNHLong
USD/CNH Weekly channel- possible long opportunity
As we can see, USD/CNH has been moving within an upward channel on the weekly timeframe. The price is currently near the bottom of the channel, so as we monitor price action in this area, we will look for a long opportunity after seeing bullish momentum come in.
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.
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.