Chart on USDCNH: Reaching Our Target (+4.5%)

Here is our daily USDCNH (Chinese Yuan) chart from April 4, in which we called for a rally in the wave (5) of the circle 1, targeting the 6.67 area.

And here's how the chart has developed since:

Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.