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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

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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