The US dollar kept fluctuating around 6.91500 against the RMB. Wang Qun, China's permanent representative to the United Nations in Vienna, said in an interview with reporters before the meeting that how to deal with the issue of nuclear submarine cooperation between the United States, Britain and Australia at the meeting was the touchstone to test the IAEA's non-proliferation function.
USD / RMB usdcnh - 4-hour K-line chart shows:
According to the 4-hour chart, the momentum of high-level short positions is maintained in a choppy downward trend, the short-term decline may continue, the market is shrouded in short positions, the MACD index is in the weak consolidation below the 0 axis, and the RSI index is in the weak hovering below the 50 equilibrium line;
Long short turning point: 6.92106
Pressing position: 6.93167, 6.94200
Support position: 6.90487, 6.89566
Trading strategy: bearish below 6.92106, target 6.90487, 6.89566
Alternative strategy: bullish above 6.92106, targeting 6.93167 and 6.94200