SimplyFxCharts

Weak Position long term view

OANDA:CN50USD   China A50
The CN50USD in a range bound moving lower to previously low.
The triple top and price position tends to range bound,
The overall outlook it's heading east, move lower than 12000 mark. if does happens, longer terms months ahead price could drop near extreme bottom, usually take more than a year or two to do that.
Comment:
cn50usd ranging btwn 14200 to 12169 est, current 13385
Comment:
continue down
Comment:
The fall continues forward
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.