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USDCNY Rising Wedge - USDCNY has.........>

CHINA YUAN
CHINA YUAN: USDCNY Rising Wedge
- USDCNY has formed a rising wedge which is normally a bearish reversal pattern.
- Technicals are stretched on the MACD & RSI indicators, suggesting the
potential of a short-term correction lower.
- An exhaustion gap on the weekly charts could further cement the move.
https://emedia.marketnews.com/marketnewsintl/USDCNY_Rising_Wedge.png

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