USDCNH 08.09.2019 M

USDCNH Monthly chart analysis: check out our monthly chart found. Completed the ABCD model (red). 7.20000, here is a potential reversal zone, at the same time below 7.00000 is also a strong support, we will see a top of the M model? If the future through the blue trend line will be a pessimistic tendency. So, trade plan: 1. Waiting below blue area (7.00000) support for more buyers, 2. Wait for in the above blue area (7.20000) to seek more sellers to support (which may be a long-term business plan, whether can break through the blue below the trend line). Looking forward to join us more trade.

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