Yuan positive

Since China is making moves in African countries I expect this to rise against the dollars deprivation of growth and attractiveness. Usd should be rating hikes to settle this debt they started so later on I do see this becoming strong we'd just have to zero in on news related to US and JPY economy and its progress. Remember they bought a lot of yens from the bottom and the retracement was based on some being sold and obvious human behaviour to price at certain round figures. 140/142.-.222 is an indication of buyers changing price and turning it again to support to Target a liquidity grab and orders of buyers at 150/151. Break of 152.22, is needed to see 160.167/180 if things don't change

141 should break 141.4 is the last line

Yorum:

Intraday turned slightly bearish MN still bullish. Weekly seems bearish but daily turned bullish above 142. Price might look to rebounce to 140.45/138.8 for a retractable movement of a wedge pattern and failed top attempt to trap buyers

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