US Dollar/Chinese Yuan
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Rebound soon for USDCNH

109
IF you had shorted this pair from 7.10 onwards, it is high time to take some good profits and enjoy. Probably, it has a last leg left if the selling continues to 6.60 before we see a rebound.

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6.67548 support is now broken.
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and the rebound happens.
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we are reaching a crucial support level now. Let's see this week if the rebound will take place
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This is not good as it has breached the support at 6.60. If it continues next week, it would accelerate further to 6.40
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wow, we are now reaching 6.40 soon and who knows if it would plunge further to the 6.20 level before a rebound is possible.

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