简体中文
ภาษาไทย
繁體中文
Indonesia
USDCNH: hovering at a low level
2022-12-09
1235
Fundamental analysis:
The USD/RMB remained volatile around 6.96075. On the 8th, Premier Li Keqiang met with World Bank President Malpass and International Monetary Fund President George Georg in Huangshan City, Anhui Province, who came to China to attend the seventh "1+6" roundtable dialogue Erkieva and WTO Director-General Iweala.
US dollar RMB USDCNH - the 4-hour K-line chart shows:
Brief technical analysis:
The 4-hour chart: the low position is maintained in a narrow range and the market bearish sentiment remains weak, and the short-term or entangled low position is weak, the MACD indicator is in the short area, and the RSI index is in the short area and is weak;
Long-short turning point: 6.97027
Suppression: 6.99118, 7.01149
Support: 6.93922, 6.92070
Trading strategy: Bearish below 6.97027, target 6.93922, 6.92070
Alternative strategy: Bullish above 6.97027, target 6.99118, 7.01149
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
