USD/CNH might drop below 7.0860 – UOB Group

Published 1 week ago Negative
USD/CNH might drop below 7.0860 – UOB Group
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The price action suggests US Dollar (USD) could drop below 7.0860; the next level to watch is 7.0770. Only a breach of 7.1150 would indicate the decline in USD has stabilised, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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