(VIANEWS) – USD/CNH (USDCNH) has been up by 3.27% for the last 21 sessions. At 21:13 EST on Wednesday, 7 June, USD/CNH (USDCNH) is $7.15.
USD/CNH’s yearly highs and lows, it’s 0.087% up from its 52-week low and 0.042% 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 oversold (<=20).
Previous days news about USD/CNH (USDCNH)
- Usd/cnh extends bounce off intraday low near 7.1300 on mixed China trade data. According to FXStreet on Wednesday, 7 June, "Looking ahead, a light calendar and the pre-Fed silence can restrict the USD/CNH moves ahead of Friday’s China inflation numbers.", "A one-week-old ascending support line, near 7.1160 at the latest, restricts immediate downside of the USD/CNH pair even as the RSI conditions suggest a pullback from the multi-month high."
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