UOB strategists see USD/CNH consolidating with downside bias toward 6.7600

United Overseas Bank··Read original
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Summary · why it matters

United Overseas Bank strategists Quek Ser Leang and Lee Sue Ann said USD/CNH is consolidating in a narrow range around 6.77. In their one-to-three-week view, they maintain a downside bias toward 6.7600 as long as strong resistance at 6.7820 remains intact.

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