I've been saying if usdcnh takes off to the upside it can be a large trade out of an expanded flat. It has double bottomed and bounced off the 800MA on daily twice and turned up. The horizontal green line was marked at the 200MA on the weekly as of right now. So even of it were to correct for one more wave down to that level I would still expect at least a larger 3 wave correction to occur IF it was to continue a downtrend.