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USDCNY Reversal

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FX_IDC:USDCNY   美元/人民币
USDCNY
The dollar appears to be bottoming vs the yuan and is reversing with some strength. Considering the current trajectory of the DXY, I am thinking this is going to go much higher by the time this is all said and done. I would not be surprised if we see USDCNY > 6.75 by the time this is all said and done.

The DXY:

This idea on USDHKY shows the type of move I would be expecting.


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