简体中文
ภาษาไทย
繁體中文
Indonesia
USDCNH: Continue to organize and accumulate momentum
2022-08-15
1224
Fundamental analysis:
The People's Bank of China: In July, the cross-border RMB settlement amount under the current account was 901.8 billion yuan, and the cross-border RMB settlement amount for direct investment was 479.8 billion yuan.
USDCNH daily chart:
Technical brief:
From the daily chart: the price has fallen slightly and is still in a strong area, the MACD is running on the 0-axis but the volume can shrink slightly, and the RSI has fallen slightly. It is expected that the short-term exchange rate will likely rise further after falling back.
Long-short turning point: 6.6420
Resistance: 6.7600 6.8870
Support level: 6.5375 6.4260
Trading strategy: above 6.6420, bullish, target price at 6.7600, 6.8870
Alternative strategy: below 6.6420, bearish, target price at 6.5375, 6.4260
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
