RSS USD/CNH: Above 7.3250 the 7.3700 level to come into view – UOB Group

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 RSS USD/CNH: Above 7.3250 the 7.3700 level to come into view – UOB Group

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US Dollar (USD) is expected to continue to trade in a range, most likely between 7.3350 and 7.3550. In the longer run, upward momentum is beginning to fade; a breach of 7.3250 would suggest that 7.3700 is not coming into view, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
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