RSS USD/CNH: Set to trade in a sideways range of 7.3210/7.3610– UOB Group

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 RSS USD/CNH: Set to trade in a sideways range of 7.3210/7.3610– UOB Group

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US Dollar (USD) is expected to trade in a sideways range of 7.3210/7.3610. In the longer run, room for USD to retest the 7.3700 level; it is too early to determine if it can break and remain above this level, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
 
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