Price came off WM2 at the start of the week and has made a higher high. Looking for opportunities to buy at WPP/ MPP confluence with a target of WM4 or MM4. Trade based on further Dollar strength and Chinese Renminbi weakness during the week ahead.

USDCNH H4

Straight forward weekly swing. Resistance eyed just above WR1 at the neckline of last week's head and shoulder pattern. As price approaches that resistance manage the stop.

USDCNH H1

Note the break of the range with previous resistance at WPP and a target of WM4 for the week or MM4 for the month.

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