(VIANEWS) – USD/CNH (USDCNH) has been up by 1.62% for the last 21 sessions. At 21:08 EST on Tuesday, 4 July, USD/CNH (USDCNH) is $7.23.
USD/CNH’s yearly highs and lows, it’s 0.091% up from its 52-week low and 0.012% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CNH’s Forex is considered to be overbought (>=80).
Previous days news about USD/CNH (USDCNH)
- Usd/cnh extends pullback from eight-month high towards 7.2500 on upbeat China pmi, pboc moves. According to FXStreet on Monday, 3 July, "Although Friday’s Doji candlestick on the daily chart, at a multi-month high, joins the overbought RSI (14) line to tease the USD/CNH bears, a fortnight-old support line, near 7.2530 at the latest, challenges the sellers.", "The cooling of spending and easy inflation challenge Fed Chair Jerome Powell’s support for "two more rate hikes in 2023" and prod the USD/CNH buyers."
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