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USDCNH 15 May 2023 on the H4 timeframe, there was a bounce when the pair touched Resistance. Although there was a drop, but when viewed on the ichimoku indicator this pair is still in a bullish trend. If referring to the Stochastic and RSI indicators there has been overbought which caused the drop to occur, then go-short can be an option for scalpers. Stay alert to this volatile market.
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