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Alix-Pimodan

Short EUR/CNY

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EURO / CHINESE YUAN (FX_IDC:EURCNY)  
Alix-Pimodan  
FX_IDC:EURCNY   EURO / CHINESE YUAN
Support and Resistance Beyond Technical Analysis
2
0
supportandresistance beyondta
The recent increased expense ratio on short trades on the CNY-RMB will naturally push the value of the Chinese currency up versus the EUR and USD. A quick trade for a quick 1/5-2%.
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