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fxJul 22, 2026, 10:16 PM

USD/CNH to Consolidate with Bullish Bias for Yuan – UOB

UOB analysts expect USD/CNH to consolidate in the near term with a bullish bias for the yuan, projecting a trading range of 6.7635 to 6.7755 in the next 24 hours.

USDCNH

United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH consolidating in the near term after recent downside moves. Their 24-hour view expects the dollar to trade between 6.7635 and 6.7755, noting that downward pressure on USD/CNH remains, suggesting a bullish bias for the Chinese yuan.

Source: FXStreet Forex News