| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
The USD/CNH currency pair continued to decline within the medium-term descending channel.
From a theoretical point of view, it is likely that the exchange rate could continue to trade downwards within the predetermined channel in the medium term.
In the meantime, note that the currency pair is pressured by the 55-, 100– and 200-period moving averages in the 6.5260/6.5775 range. Thus, a breakout south could occur in the nearest future.