USD/CNH Drops By 1% In The Last 10 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.32% for the last 10 sessions. At 23:11 EST on Wednesday, 12 July, USD/CNH (USDCNH) is $7.17.

USD/CNH’s yearly highs and lows, it’s 0.207% up from its 52-week low and 0.074% 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 overbought (>=80).

Previous days news about USD/CNH (USDCNH)

  • Usd/cnh could trade in a narrow 7.20-7.30 range for the remainder of July – credit suisse. According to FXStreet on Wednesday, 12 July, "Despite the short-term stability in the Yuan, we think that the fundamentals still point to Yuan weakness, and we re-iterate our Q3 USD/CNH target of 7.50. "

More news about USD/CNH (USDCNH).

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