What If China Recovery Isn't Happening Just Yet?
Fundamentals & Sentiment
CNH:
- PBoC cut the rate; other stimulus measures
USD:
- Recent strong data
- Cautious, "balanced" approach by the Fed
Technical & Other
- Chinese equities struggle to keep the upward momentum
CNH:
- PBoC cut the rate; other stimulus measures
USD:
- Recent strong data
- Cautious, "balanced" approach by the Fed
Technical & Other
- Chinese equities struggle to keep the upward momentum
- Setup: TC(RTF)
- Setup timeframe: 4h
- Trigger: 1h
- Medium-term: Up
- Long-term: Down
- Min target: Local high
- Stop loss: 0.28%
- Position size: 0.66R
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