USDCNH Downtrend continues with a new lower low created

2 בינו׳ 2021

My chart shows quite clear that the downtrend continues until the nearest control high gets violated.

Based on measured move, there might be another 350 pips drop from the current level.

4 בינו׳ 2021

הערה

Actually, price moved beyond the measured move... 500bps down, that's a lot.