USDCNH: Good to take the long side here

Long

U.S. Dollar/Chinese Yuan (FX:USDCNH)

Updated

FX:USDCNH U.S. Dollar/Chinese Yuan

USDCNH timeatmode china rgmov

usdcnh timeatmode china rgmov

We can risk going long USDCNH, with stops under 6.6224. Risk 0.5-1% on this trade.

Good luck!

Ivan Labrie.

Comment:

I closed this long today, but looking to reenter soon.

Comment:

Coiling for the next leg up. I'll reenter soon.

Comment:

I'm long again.

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