USDCNH - Evergrande aftermath

China's 2nd largest real estate developer just defaulted. Debt crossed $600B USD

Note: Lehman was liquidated for $600B, also owned by many international banks

Trade: long USD demand for dollars and CCP may devalue its currency to bail out Evergrande.

Yorum:

Previous order did not trigger. Waiting for the small correction to tire out

İşlem aktif:

Entered with SL at 6.40

İşlem kapandı: durdurma seviyesi