US Dollar Shows Weakness as Support at 7.2000 Remains Unchallenged
The US Dollar is likely to see further weakening, but analysts suggest it will not reach the significant support level of 7.2000. Long-term trends indicate a slowdown in momentum. If the 7.2000 level is breached, it could signal that the US Dollar will not experience further gains, according to UOB Group’s FX experts Quek Ser Leang and Lee Sue Ann.
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