The US Dollar (USD) is projected to trade within a range of 7.1160 to 7.1330 against the Chinese Yuan (CNH). Currently, a tendency for downward movement is emerging. However, the USD must first drop below 7.1100 for a substantial decline to become likely. Analysts Quek Ser Leang and Peter Chia from UOB Group offer this insight, emphasizing that market movements will depend on this threshold as the bias shifts in the longer term.