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40x15y

CNHPHP Weekly Analysis - Head and Shoulders to 8% Down

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OFFSHORE CHINESE YUAN / PHILIPPINE PESO (FX_IDC:CNHPHP)  
40x15y  
FX_IDC:CNHPHP   OFFSHORE CHINESE YUAN / PHILIPPINE PESO
Trend Analysis
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trendanalysis
Textbook H&S (with extra shoulder) threatening to breakdown, waiting for USDCNH to pop. Also look at the moving averages.

Expecting around 8% move.
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