Renminbi (USDCNH) Pullback Is Coming Before More Upside
Monday, November 13, 2023 2:10 PM EDT
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 as wave ((III)) and from there it made a perfect zig – zag correction structure to equal legs at 7.1964 in June 2020.