USD/CNH Downward Pressure Persists

The USD/CNH exchange rate is expected to trade within a range of 7.2400 to 7.2700 against the Chinese Yuan (CNH). Analysts from UOB Group emphasize that the downward pressure remains firmly intact. A crucial support level exists at 7.2260. Should USD breach this point, the next level to monitor is 7.2000.

Traders and investors should remain vigilant as this pair may experience volatility in response to both domestic and international economic influences. The outcome of these fluctuations could present both risks and opportunities in the forex market.