The Ministry of finance will issue 23billion yuan of treasury bonds in Hong Kong this year

Fundamental analysis:

The USD / RMB remained volatile around 6.65737. In 2022, the Ministry of finance will issue 23billion yuan of treasury bonds in the Hong Kong Special Administrative Region. RMB treasury bonds were issued in four phases, with the scale of 7.5 billion yuan, 5billion yuan, 5.5 billion yuan and 5billion yuan respectively. To celebrate the 25th anniversary of the return of the Hong Kong Special Administrative Region, it is now scheduled to issue the first tranche of RMB treasury bonds on June 15, including 2.5 billion yuan for two years, 2.5 billion yuan for three years and 2.5 billion yuan for five years. The specific issuance arrangements will be announced in the central clearing system for debt instruments (CMU) of the Hong Kong Monetary Authority.

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

Technical comments: the short power moves back and down in a step-by-step manner in the on-demand Bollinger belt index channel, and the Bollinger belt index is in a closing trend. The MACD index is in the short area below the 0 axis for consolidation, and the RSI index is in the short area for consolidation and slowly moves up to the 50 equilibrium line;

Multi empty turning point: 6.66466

Pressing position: 6.68676, 6.70801

Support position: 6.63556, 6.61560

Trading strategy: bearish below 6.66466, target 6.63556, 6.61560

Alternative strategy: bullish above 6.66466, target 6.68676, 6.70801

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