Analysts at UOB Group indicate that the US Dollar (USD) is poised to decline towards 7.1780; however, they assert that any significant decline is unlikely to disrupt the robust support at 7.1700. Over a more extended period, the USD seems to be trading within a narrow range of 7.1700 to 7.2100, allowing traders to gauge its movements effectively.

This ongoing range trading indicates a need for investors to watch the USD closely as it navigates these critical support levels.