USD/CNH Went Down By Over 2% In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 2.03% for the last 21 sessions. At 01:13 EST on Wednesday, 6 December, USD/CNH (USDCNH) is $7.17.

USD/CNH’s yearly highs and lows, it’s 0.386% up from its 52-week low and 0.056% down from its 52-week high.

News about

  • Eur/usd analysis: breaking the 1.08 support ends the rise. – 04 December 2023. According to DailyForex on Monday, 4 December, "Obviously, this repricing is reflected in the EUR/USD exchange rate falling to 1.09, half a percent lower than it started on Thursday. ", "The exchange rate of the EUR/USD has declined across the ascending trend line and is now on its way to testing the psychological support of 1.0800. "
  • Eur/usd holds below 1.0900, focus on German trade balance, ecb’s lagarde speech. According to FXStreet on Monday, 4 December, "The EUR/USD pair snaps its three-day losing streak during the early Asian trading hours on Monday. "
  • According to FXStreet on Tuesday, 5 December, "The Relative Strength Index (RSI) indicator on the daily chart declined toward 50 and EUR/USD fell below the lower limit of the ascending regression channel on Monday. ", "If EUR/USD confirms 1.0820 as resistance, technical sellers could show interest. "
  • According to FXStreet on Monday, 4 December, "The Euro (EUR) remains under selling pressure against the US Dollar (USD) on Monday, motivating EUR/USD to revisit the mid-1.0800s at the beginning of a new trading week.", "If the EUR/USD continues to experience further losses, it could potentially face the mentioned200-day SMAas an initial point of support. "

More news about USD/CNH (USDCNH).

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