UOB sees USD/CNH holding tight range near 6.7430–6.7530
UOB analysts say USD/CNH is confined to a tight range, with the dollar expected to trade between 6.7430 and 6.7530 in the near term.
USDCNH
UOB’s Quek Ser Leang and Lee Sue Ann note that USD/CNH has been confined to a tight range. Their near-term outlook sees the dollar trading between 6.7430 and 6.7530.
The assessment points to limited directional movement in the pair for now, with the range as the key reference for short-term trade.
Source: FXStreet Forex News