There has been huge bearish momentum with Usdcnh due to top political uncertainty and the pandemic
However, I'm forecasting that the selling pressure will begin to ease and reveal a potential upside for the pair
I would monitor the pair and wait until the bullish trend emerges and ride it to the key levels
Be aware that it could potentially form a consolidation period due to the fact that it looks to be within a channel range.
However, I'm forecasting that the selling pressure will begin to ease and reveal a potential upside for the pair
I would monitor the pair and wait until the bullish trend emerges and ride it to the key levels
Be aware that it could potentially form a consolidation period due to the fact that it looks to be within a channel range.
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