USD/CNY reference rate fixed at 6.6048 vs prev fix 6.6285 and close 6.6060

Ross J Burland FXStreet

The People’s Bank of China fixes the USD/CNY reference rate at 6.6048 (prev fix 6.6285 prev close 6.6060).

China maintains strict control of the yuan’s rate on the mainland, the current known as CNY which differs from its offshore yuan, or CNH, which not as tightly controlled as the onshore yuan.

Each morning, the People’s Bank of China (PBOC) sets a so-called daily midpoint fix, based on the yuan’s previous day closing level and quotations taken from inter-bank dealer.

USD/CNY

Overview
Today last price	6.6064
Today Daily Change	0.0000
Today Daily Change %	0.00
Today daily open	6.6064

Trends
Daily SMA20	6.6635
Daily SMA50	6.7373
Daily SMA100	6.8503
Daily SMA200	6.9553

Levels
Previous Daily High	6.6264
Previous Daily Low	6.605
Previous Weekly High	6.6337
Previous Weekly Low	6.5661
Previous Monthly High	6.791
Previous Monthly Low	6.6414
Daily Fibonacci 38.2%	6.6132
Daily Fibonacci 61.8%	6.6182
Daily Pivot Point S1	6.5988
Daily Pivot Point S2	6.5912
Daily Pivot Point S3	6.5774
Daily Pivot Point R1	6.6202
Daily Pivot Point R2	6.634
Daily Pivot Point R3	6.6416

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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