In recent years, the USDCNH paused its long-term attempt to strengthen against the USD. Back in February 2014, it found support at 6.0153, marking wave ((III)). What followed was textbook Elliott Wave: a zig-zag corrective structure that reached equal legs at 7.1964 in September 2019. At that point, many expected the downtrend to resume. But […]The post USDCNH May Be Resuming Its Bullish Path Toward 7.76 appeared first on Action Forex.