It will further simplify the procedures for foreign investors to invest in the Chinese market

Fundamental analysis:

The USD / RMB exchange rate remained volatile around 6369874. Zhou Yu, head of the International Department of the central bank, said at the press conference of the state information office that in recent years, the procedures for foreign investors to invest in the Chinese market have been further simplified, the types of investable assets have been enriched, data disclosure has been improved, the business environment has been continuously improved, the trading hours in the inter-bank foreign exchange market have been extended, and the convenience of investing in the Chinese market has been continuously improved, Create a more favorable environment for foreign investors and international institutions to invest in the Chinese market.

USD and RMB usdcnh - 4-hour K-line chart display:

Technical comments: the low-level Bulls' power continues to continue. The nodes near the brin belt index on the track continue to rise. The high level reaches around 6.70078. The amount has been adjusted. The short-term bulls show signs of continuing to move upward, and the brin belt index continues to move upward in reverse;

Multi empty turning point: 6.68935

Pressing position: 6.71766, 6.73455

Support position: 6.67047, 6.65209

Trading strategy: bullish above 6.68935, target 6.71766, 6.73455

Alternative strategy: bearish below 6.68935, target 6.67047, 6.65209

The above analysis is a personal point of view and is for reference only.