Buy Crypto Markets Spot FuturesGOLD Earn Event Center

The post USD/CNH struggles to break 50-DMA at 7.12 – Société Générale appeared on BitcoinEthereumNews.com. USD/CNH faces downward pressure after failing to clear 7.12, with technical patterns pointing to a possible drop toward 7.05–7.01 if key support at 7.08 gives way, Société Générale’s FX analysts note. MACD confirms persistent bearish momentum “USD/CNH has failed to establish beyond the 50-DMA near 7.12 in recent bounce attempt denoting prevalence of downward momentum. This is also highlighted by the daily MACD which remains anchored within negative territory.” “The pair has evolved within a pattern resembling a descending triangle and is drifting towards the lower limit at 7.08. Failure to defend this may lead to a deeper decline towards next projections at 7.05 and perhaps even towards 7.02/7.01.” Source: https://www.fxstreet.com/news/usd-cnh-struggles-to-break-50-dma-at-712-societe-generale-202511250920The post USD/CNH struggles to break 50-DMA at 7.12 – Société Générale appeared on BitcoinEthereumNews.com. USD/CNH faces downward pressure after failing to clear 7.12, with technical patterns pointing to a possible drop toward 7.05–7.01 if key support at 7.08 gives way, Société Générale’s FX analysts note. MACD confirms persistent bearish momentum “USD/CNH has failed to establish beyond the 50-DMA near 7.12 in recent bounce attempt denoting prevalence of downward momentum. This is also highlighted by the daily MACD which remains anchored within negative territory.” “The pair has evolved within a pattern resembling a descending triangle and is drifting towards the lower limit at 7.08. Failure to defend this may lead to a deeper decline towards next projections at 7.05 and perhaps even towards 7.02/7.01.” Source: https://www.fxstreet.com/news/usd-cnh-struggles-to-break-50-dma-at-712-societe-generale-202511250920

USD/CNH struggles to break 50-DMA at 7.12 – Société Générale

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/11/25 18:00

1 min read

NEAR$1,2791-%2,55

For feedback or concerns regarding this content, please contact us at [email protected]

USD/CNH faces downward pressure after failing to clear 7.12, with technical patterns pointing to a possible drop toward 7.05–7.01 if key support at 7.08 gives way, Société Générale’s FX analysts note.

MACD confirms persistent bearish momentum

“USD/CNH has failed to establish beyond the 50-DMA near 7.12 in recent bounce attempt denoting prevalence of downward momentum. This is also highlighted by the daily MACD which remains anchored within negative territory.”

“The pair has evolved within a pattern resembling a descending triangle and is drifting towards the lower limit at 7.08. Failure to defend this may lead to a deeper decline towards next projections at 7.05 and perhaps even towards 7.02/7.01.”

Source: https://www.fxstreet.com/news/usd-cnh-struggles-to-break-50-dma-at-712-societe-generale-202511250920

Market Opportunity

NEAR Price(NEAR)

$1,2791

$1,2791$1,2791

-%3,74

USD

NEAR (NEAR) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.