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fxJul 3, 2026, 8:28 PM

UOB: USD/CNH to Stay Range-Bound, Neutral Bias

UOB's Quek Ser Leang notes a slight pickup in downward momentum for USD/CNH but expects the pair to remain range-bound, with a lower intraday band around 6.7820–6.7940 and a neutral 1–3 week view between 6.7750 and 6.7950.

USDCNH

UOB's Quek Ser Leang observes a slight increase in downward momentum for USD/CNH, yet maintains that the pair should continue to trade within a range. The bank projects a lower intraday band of 6.7820–6.7940.

For the 1–3 week outlook, UOB keeps a neutral stance, expecting USD/CNH to oscillate between 6.7750 and 6.7950. No clear directional breakout is anticipated in the near term.

Source: FXStreet Forex News