USD/CNH Bearish By 4% In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 4.19% for the last 21 sessions. At 07:08 EST on Wednesday, 29 March, USD/CNH (USDCNH) is $6.89.

USD/CNH’s yearly highs and lows, it’s 0.198% up from its 52-week low and 0.129% 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. ", "A convergence of the 21-day and 50-day Exponential Moving Average (EMA) restricts the short-term USD/CNH upside near 6.8850-70."

More news about USD/CNH (USDCNH).

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