MMFXSignals

USDCNH ANALYSIS

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FX:USDCNH   U.S. Dollar/Chinese Yuan
USDCNH broke major uptrendline on daily frame
Price respects major downtrendline
Pair is based below resistance level at 6.9630
Below SMA 100
MACD shows bearish momentum
It's expected for the continuation of bearish movement to target key level at 6.8165

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