USD/CNH Rises By 2% In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 2.56% for the last 21 sessions. At 22:10 EST on Wednesday, 24 May, USD/CNH (USDCNH) is $7.07.

USD/CNH’s yearly highs and lows, it’s 0.212% up from its 52-week low and 0.109% 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 price analysis: approaches five-month high around 7.0750. According to FXStreet on Tuesday, 23 May, "The USD/CNH pair has turned sideways after a decent upside move above 7.0620 in the Asian session. "
  • Usd/cnh: upside momentum appears to struggle – UOB. According to FXStreet on Tuesday, 23 May, "The likelihood of a probable test of 7.0960 in USD/CNH now appears somewhat dwindled according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group."

More news about USD/CNH (USDCNH).

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