USDCNH has been developing in a downtrend since the peak at an all-time high of 7.193 in early-September, with the price retreating below the 200-day exponential moving average (EMA) to touch a five-month low at 6.9156 on Thursday. The sell-off is looking overstretched according to the RSI which seems to be rebounding near its 30 oversold […]