We have a very clear short setup in USDCNH (or a long in CNHUSD).
I include the CNHUSD or 1/USDCNH (inverse) to help you see why it's useless to do this type of exercise before taking a trade.
I'm already short from last night but after seeing today's close and a new low right now, I think it's fairly safe to enter shorts in this pair, with stops above...
