USD/CNH trades in a 6.7860-6.7990 range The Chinese yuan has consolidated against the US dollar, with USD/CNH slipping to 6.7865 before rebounding. The pair's rebound from oversold conditions suggests limited further downside. On a medium-term view, a recov
USD/CNH trades in a 6.7860-6.7990 range
The Chinese yuan has consolidated against the US dollar, with USD/CNH slipping to 6.7865 before rebounding.
The pair’s rebound from oversold conditions suggests limited further downside.
On a medium-term view, a recovery requires a break above the 21-week EMA at 6.8430.
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