USDCHN bullish trend continues.

28 באוג׳ 2019

USDCHN has gapped up last monday. after two days of consolidation, today the exotic seems bullish and close to make a breakout to the upside. daily MACD is bullish and the 4H Stoch is making a bullish transition today. ALso, the price moved from the +3 Bollinger line to close to the mean line. That is common in consolidations. After the touch of the mid-line it is also usual to continue with the trend.