EURO / CHINESE YUANViés de baixa
Buying Chinese Yuan or shorting the EURCNY
The ERUCNY pair seems to be making a retracement after the run-up that started in June and lasted until September 2018.
I will be trading this unleveraged. I am just buying and holding Chinese Yuan without using a broker that lends me money to leverage my bet.
Target 1 is at the 50% retracement of the June-September move.
Target 2 at the 68% and target 3 at the74% retracement level which also aligns with a support and resistance level.
I will sell the Yuan if or as it hits these targets or if the EURCNY pair moves above the Kumo.
I will be trading this unleveraged. I am just buying and holding Chinese Yuan without using a broker that lends me money to leverage my bet.
Target 1 is at the 50% retracement of the June-September move.
Target 2 at the 68% and target 3 at the74% retracement level which also aligns with a support and resistance level.
I will sell the Yuan if or as it hits these targets or if the EURCNY pair moves above the Kumo.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.