USDCNY Weekly - Pennant forming

20 Kas 2017

A bullish pennant is forming. China environmental reform will take a toll on growth and generate inflation. PBoC will probably not be very inclined to tighten policy as this might hurt economic expansion even more and will tolerate higher level of inflation, thus delivering lower real rates that will in the end help CNY depreciate.

22 Kas 2017

İşlem aktif

Long @ 6.61

Target @ 6.76
Stop @ 6.59

23 Kas 2017

İşlem kapandı: durdurma seviyesi

Stop reached @ 6.59