Fundamentals & Sentiment
USD:
- "Wait and see" stance of the Fed
- Few positive data triggers
CNH:
- Not enough positive hard data to support China recovery narrative
- PBoC is ok with some depreciation of Yuan as long as it's gradual.
Technical & Other
Setup: TCB)
Setup timeframe: 4h
Trigger: 4h
Medium term: Sideways
Long-term: Down
Min target:
Risk: 0.28%