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Today's USD to CNY Price Update

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Summary
This article provides real-time exchange rates and volatility information for USD to CNY, helping traders quickly grasp market dynamics and potential trading opportunities.

Definition

The US Dollar (USD) is one of the major legal tender currencies, while the Chinese Yuan (CNY) is an important representative of emerging market currencies. The exchange rate between them not only reflects the market’s perception of the value of both currencies but also embodies investors’ confidence in the stability of these currencies.

Today’s Price

  • 1 USD = 7.08 CNY
  • 24h High: 7.0736 CNY
  • 24h Low: 7.0644 CNY

Market Analysis

Recently, the USD/CNY exchange rate has been showing a relatively stable trend.

  • Technical focus: Key support level at 7.0890, resistance level at 7.145
  • Risk alert: The currency pair could break out of the 7.00 to 7.20 range in the coming months
  • Trading opportunities: Watch for potential trading opportunities within the 7.00 to 7.20 range

Conclusion

Continue to monitor USD/CNY market conditions, combine market trends with technical indicators, and rationally plan trading strategies to capture potential opportunities.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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