RENMINBI : the corrective move is over
​There are no new signals to comment today. The market probably is expecting a recovery in Commodity prices, and a weaker Dollar. It is testing the levels that would indeed signal such short term movements, but the signals are not there yet. We chose to focus on the Renminbi. The correction that followed August devaluation is probably over. The Dollar-Renminbi is slowly passing resistance levels. This means that it will be reaching new highs next year.
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