In this chart I break down the price action in these 3 pairs. USDCNH is in a strong 2 day chart downtrend, and about to breach a key level on chart. Once below we can see it trade significantly lower, or even go back to the start of the recent massive PBOC devaluation rally start.
AUDUSD, I have covered and even given a long entry for this trend, currently not...
Twitter has a very interesting chart pattern here.
We have evidence of large positions being accumulated, and of possible shakeouts taking place in this zone.
Currently, price sits above the volume mode, as you can see in the profile graph to the right, and has seen great climactic volume action in a downbar yesterday, while today went straight up from the...
