MONTHLY CHART – We are starting to get interested again. CNH has been bucking the trend and we continue to believe it is one of the most important crosses in GLOBAL MACRO.
The ENDING DIAGONAL is undeniable.
WEEKLY CHART – in addition to an ENDING DIAGONAL we have now some considerable POSITIVE DIVERGENCE
This is a USD bullish chart, we will also look at EURCNH as it may have more ALPHA.