The US Dollar is projected to trade within a sideways range of 7.1990 to 7.2190, according to analysts from UOB Group. They suggest that if the USD breaches 7.2330, the likelihood of a downward adjustment to 7.1700 may reduce significantly. This forecast presents traders with a clear range to watch and potential opportunities for taking positions within this spectrum. Understanding these forecasts can help inform strategies, particularly for those focused on trading the yuan against the dollar.