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 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD takes a step closer to 0.75 as risk-off spikes in Asia session FX Street 5 years 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 Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
