Projected Trading Range for USD/CNH: Key Levels to Watch
The US Dollar is expected to trade within a range of 7.2630 to 7.2930 against the Chinese Yuan. Analysts from UOB Group caution that upward momentum has diminished due to recent pullbacks. A break below 7.2630 could signal a halt in the USD’s rise. Traders should watch these pivotal levels closely for potential market movements. Is your strategy aligned with these trends?