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Offshore Chinese yuan (USD/CNH) back at trade war levels
US Dollar/Chinese Yuan
Offshore Chinese yuan (USD/CNH) back at trade war levels
By jasperlawler
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May 26, 2020
4
May 26, 2020
7.165 has been a price ceiling since October when trade tensions begun to cool on talk of phase one deal.
Possible scenarios
US/China tensions flare up = level break
US/China tensions die down = level holds
Beyond Technical Analysis
CNH
Support and Resistance
USDCNH
USDCNY
jasperlawler
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