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Market Overview
The USD/CNY pair closed at 7.07555 on December 2, 2025, reflecting a slight decline of 0.01% from the previous close but maintaining an overall uptrend with a 30-day return of 5.35%. The pair remains above the 20-day SMA of 7.07379, with the 5-day SMA at 7.07621, supporting continued bullish momentum. The 50-day and 200-day DMAs are not provided, but technical indicators show the RSI near neutral levels. Key support is at 7.06978, while resistance is near the 30-day high of 7.07914. No major economic events are scheduled imminently, though ongoing US-China trade relations and Federal Reserve policy remain influential. For information only.
Last Updated 12/4/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.