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Posted by
Two Blokes Jul 1 -
Filed in
Forex
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15 views
There is potential for US Dollar (USD) to drop below 7.1500 against Chinese Yuan (CNH); it is unclear whether there is sufficient momentum for it to reach 7.1450. In the longer run, downward momentum has increased further; if USD breaks below 7.1450, the next level to monitor is 7.1300, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
