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Candles254

Will the People's Bank of China step in?

USD/CNH (OANDA:USDCNH)  
Candles254  
OANDA:USDCNH   USD/CNH
Technical Indicators Fundamental Analysis
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indicator fundamental
The Chinese Yuan has lost a lot of ground against the dollar and it is currently trading at a critical price point. With a double-top set-up and a bearish RSI divergence, will the Yuan obey technicals or will fundamentals remain at play and the Yuan will continue depreciating against the dollar?
Technically, it speaks for itself.
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