USD/CNH Bullish Momentum: 0.95% Up In The Last 10 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 0.95% for the last 10 sessions. At 11:06 EST on Monday, 21 October, USD/CNH (USDCNH) is $7.13.

USD/CNH’s yearly highs and lows, it’s 0.364% up from its 52-week low and 0.013% down from its 52-week high.

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  • According to FXStreet on Monday, 21 October, "This, in turn, could further undermine the low-yielding JPY, which, along with the underlying bullish sentiment surrounding the US Dollar (USD), should offer support to the USD/JPY pair. ", "That said, weakness below the 149.00 mark and the 148.85 horizontal support could drag the USD/JPY pair further towards the 148.20 region. "

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