The US Dollar has shifted into a new trading range of 7.1620 to 7.2200 against the Chinese Yuan. According to UOB Group’s FX analysts Quek Ser Leang and Peter Chia, upward momentum has increased slightly, suggesting a possible test of the 7.2000 mark. However, they caution that a clear break above this level remains unlikely. Traders should focus on this range as it will likely govern USD/CNH movements in the near term. This development signals a cautious market as geopolitical tensions continue to shape the trading landscape. Anticipate further analysis as this range evolves and impacts global markets.