TomProTrader

#USDCNH: Post Correction, Bulls In For Continuation Move!

Long
FX:USDCNH   U.S. Dollar/Chinese Yuan
11
Traders, really good opportunity to get into this pair!

Fantastic opportunity to go long on this set up. There is some extremely bullish candlesticks at the bottom of the range, at a major Fibonacci confluence support and the 50 moving average , suggesting we have hit a MAJOR hidden support. The candlesticks at the bottom of the range speak for themselves, there is lots of buying pressure at this level. Expecting some very nice upside here.

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