On the weekly timeframe, USDCNH is currently trying to continue the bullish trend initiated since the previous week. After previously experiencing a bearish trend that pushed the pair down below the kumo cloud, it was at a price position of 6.98130 before finally bouncing and turning strong to reach a price of 7.07790. Looking at the stochastic indicator, the chart is rising towards the 80 level, which indicates that the bullish trend is likely to continue. However, traders should still be wary if there are strong enough external factors that could cause a trend reversal. Read more our Technical analysis : https://bit.ly/3C1NoAY #FPG #Fortuneprimeglobal #forexlifestyle #intraday #money #cryptocurrency #finance #forexsignals #daytrading #wallstreet #forextrader #investing #forexanalysis #forextrading #stocks #business #daytrader #crypto #forexeducation #trader #tradingview