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Posted by
Two Blokes Jul 29 -
Filed in
Forex
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1 view
US Dollar (USD) is expected to continue to rise against Chinese Yuan (CNH); the major resistance at 7.1910 could be out of reach for now. In the longer run, upward momentum is building, but for a continued advance, USD must first close above 7.1910, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
