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Notícias de trading
29 May 2018
Offshore Yuan rises to highest level since January 23
- Offshore Yuan (USD/CNH) jumps above 6.4 for the first time since January 23.
- USD/CNY has run into a long-term descending trendline resistance.
The offshore Yuan or USD/CNY rose to 6.4081 on Tuesday - the highest level since June 23.
As of writing, the currency pair is trading at 6.4060 and is looking to cross the long-term falling trendline (drawn from June 2017 high and December 2017 high) in a convincing manner.
USD/CNH weekly chart
