USD/CNH Is 5% Down In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 5.18% for the last 21 sessions. At 20:09 EST on Wednesday, 29 March, USD/CNH (USDCNH) is $6.89.

USD/CNH’s yearly highs and lows, it’s 0.049% up from its 52-week low and 0.051% 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: lack of optimism in China favor bulls above 6.8800 despite softer US dollar. According to FXStreet on Tuesday, 28 March, "It’s worth observing that the risk-native headlines surrounding China and Russia put a floor under the USD/CNH prices. ", "Moving on, the US Conference Board’s (CB) Consumer Confidence for March, as well as the second-tier housing and activity data, can direct intraday moves of the USD/CNH pair. "

More news about USD/CNH (USDCNH).

Leave a Reply

Your email address will not be published. Required fields are marked *