USD/CNH Bearish By 5% In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 5.37% for the last 21 sessions. At 09:08 EST on Thursday, 30 March, USD/CNH (USDCNH) is $6.88.

USD/CNH’s yearly highs and lows, it’s 0.077% up from its 52-week low and 0.504% 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, "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. ", "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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