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fxJul 20, 2026, 11:33 PM

UOB: USD/CNH to Trade with Downside Bias Below 6.7820

United Overseas Bank analysts see USD/CNH consolidating between 6.7710 and 6.7820, with a downside bias toward 6.7600 over 1–3 weeks as long as resistance at 6.7820 holds.

USDCNH

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann expect USD/CNH to trade with a downside bias in the near term. Intraday, the pair is seen consolidating in a range of 6.7710 to 6.7820.

Over the next one to three weeks, UOB maintains a bearish view on the pair, targeting a move toward 6.7600. This outlook is conditional on key resistance at 6.7820 remaining intact. A clear break above that level would negate the downside bias.

Source: FXStreet Forex News