CCY:CNHUSD

Cnh/usd Currency Pair News

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$0.148
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At Close: Jun 03, 2026
Instead of declining further, the US Dollar (USD) is more likely to trade in a 7.2800/7.2970 range, or at least in a wider range between 7.2700 and 7.3100, UOB Group analysts note.
The US Dollar (USD) could decline further, but it is unlikely to threaten the support at 7.2800. In the longer run, upward momentum has largely dissipated, and USD is expected to trade between 7.2700
The US Dollar (USD) could drop to 7.2900. The next support at 7.2800 is unlikely to come under threat, UOB Group analysts Quek Ser Leang and Peter Chia note.
The US Dollar (USD) could edge above 7.3100. The next resistance at 7.3200 is unlikely to come into view, but it is too early to tell if the next significant resistance at 7.3400 will come into view,
Chance for USD to edge above 7.3100, but it is unlikely to be able to maintain a foothold above this level. If it breaks above 7.3100, the next significant resistance at 7.3400 may come into view, UOB
The US Dollar (USD) is likely to trade between 7.2930 and 7.3060.  USD could break above 7.3100, but it is too early to tell if the next significant resistance at 7.3400 will come into view.
USD/CNH slipped after USD/CNY fix came in lower this morning, breaking the past 7-day trend of fixing higher everyday, FX strategist at OCBC Christopher Wong notes.
Barring a break below 7.2920, the US Dollar (USD) could rise and test the major resistance level at 7.3100. USD could break above 7.3100, but it is too early to tell if the next significant resistance

USD/CNH: RMB depreciation continues – OCBC

07:32am, Wednesday, 26'th Jun 2024
The recent USD/CNY fixings suggest a measured pace of RMB depreciation, OCBC analysts Frances Cheung and Christopher Wong note.
The US Dollar (USD) is likely to edge higher. Any advance is unlikely to reach the major resistance at 7.3000 and 7.3100, UOB Group analysts note.
The US Dollar (USD) is likely to trade in a sideways range of 7.2750/7.2910. Resistance levels to watch are 7.3000 and 7.3100, UOB Group analysts note.
The US Dollar (USD) is likely to trade in a sideways range of 7.2850/7.2950, but it's also likely to rise above this range. Resistance levels to watch are at 7.3000 and 7.3100, UOB Group analysts sa
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