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USD/CNH Bearish Momentum With A 1% Slide In The Last 10 Sessions

ViaNews Editorial Team

January 21, 2024

USD/CNH Bearish Momentum With A 1% Slide In The Last 10 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 1.73% for the last 10 sessions. At 14:06 EST on Sunday, 21 January, USD/CNH (USDCNH) is $7.20.

USD/CNH's yearly highs and lows, it's 0% down from its 52-week low and 0% down from its 52-week high.

Previous days news about USD/CNH (USDCNH)

  • Usd/cnh price analysis: edges lower to near 7.2100 followed by support at 23.6% fibonacci. According to FXStreet on Friday, 19 January, "A firm break below the 14-day EMA could put downward pressure on the USD/CNH pair to navigate the support region around the 38.2% Fibonacci retracement level at 7.1772 aligned with the week's low at 7.1748.", "The technical analysis of the Moving Average Convergence Divergence (MACD) for the USD/CNH pair reveals a bullish outlook. "

More news about USD/CNH (USDCNH).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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