USDCNH

  • USDCNH Breaks Key Support, Downside Risks Emerge

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    by

    ForexInflux
    in

    The USD/CNH currency pair has witnessed a significant bearish development, breaking below the critical 7.1713 support level. This breakdown suggests that the recent upside move from the 7.0869 low has likely completed at the 7.2826 high. With this bearish signal, further declines in the USD/CNH could be on the horizon in the coming days and…