US Dollar/Chinese Yuan

The dollar is close to a 5-year support against the yuan

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Description :

Movements between the two currencies fluctuate sharply, as the dollar has fallen about 10 percent against the yuan since last year.

But it is close to a support that is about 3 years after the last collision. Also, the dollar index has been declining over the past year. It is possible that we will see the sheet return after the support collision as in the past.

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