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CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Trading the Trend: long USD/CNH

Fundamentally, there are plenty of reasons to buy the USD/CNH pair, but as IGTV’s Jeremy Naylor explains there’s a technical reason too. A new recent higher high puts the upward facing trend back into the frame.

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Using the Andrews pitchfork there’s an obvious position to place the stop-loss and benefit from any more upside movement.


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