(VIANEWS) – USD/CNH (USDCNH) has been up by 3.09% for the last 21 sessions. At 16:10 EST on Sunday, 2 April, USD/CNH (USDCNH) is $6.87.
USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0% 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 plummets below 6.8500 on firmer China pmis ahead of fed’s favorite inflation data. According to FXStreet on Friday, 31 March, "Apart from upbeat data from the biggest commodity user, as well as the major consumer, USD/CNH also bears the burden of the risk-on mood and receding hawkish Fed bets, not to forget the mixed US data.", "Failure to cross the 100-DMA hurdle surrounding 6.9140 directs USD/CNH bears towards an upward-sloping support line from early February, near 6.8280 by the press time."
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