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fxAug 14, 2026, 5:01 PM

USD/CNH Stays Range-Bound Near 6.7450, UOB Says

UOB analysts see USD/CNH remaining in a tight intraday range near 6.7450 as momentum indicators stay flat.

USDCNH

UOB analysts Quek Ser Leang and Lee Sue Ann note that USD/CNH remains confined to a tight intraday range, with momentum indicators still flat. The pair is expected to continue trading around the 6.7450 area.

The broader setup remains a range trade, with no clear directional bias indicated by current momentum. UOB highlights the market's lack of strong conviction in either direction.

Traders are watching for any break of the established range, but for now the pair appears set to keep drifting near current levels.

Source: FXStreet Forex News