Here’s your chart of the day.

USD/CNH is down 0.2% today and the decline has taken out both the Sept low, the Oct low and the 100-day moving average.

Notably, it’s the first time below the 100-dma since the broke on gap when Trump tweeted to restart the trade war. The next big hurdle is 7.000 but we’re on the way.

Take it as a great sign for global growth and risk trades.