(VIANEWS) – USD/CNH (USDCNH) has been up by 1.89% for the last 21 sessions. At 16:13 EST on Sunday, 28 May, USD/CNH (USDCNH) is $7.07.
USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0% 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 retreats from yearly top towards 1.0700 on China FX intervention, US dollar positioning for data. According to FXStreet on Friday, 26 May, "Although the overbought RSI (14) line challenges USD/CNH buyers, the pair remains off the bear’s desk unless posting a daily close below the latest 2022 peak of around 7.0155."
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