The US dollar (USD) probably trades in a range of 7,1700/7,1900 against the Chinese Yuan (CNH). In the long term, the USD has probably entered a phase of trade in range of 7.1620/7,2200, the FX analysts of UOB Group Qow being Leang and Peter Chia.
The USD has probably returned to a phase of trade in rank
24 -hour vision: “After the price of the price of last Friday, we indicated yesterday that ‘a slight increase in the bullish impulse could lead to a 70000 test.’ Our opinion was not as expected, since the USD was negotiated in a quiet way between 7,1796 and 7,1899, largely closing unchanged in 7,1839 (-0.08%).
Vision to 1-3 weeks: “There is not much to add to our update yesterday (June 9, Spot in 7,1870). As stood out, the recent ‘slight downward impulse has softened, and the USD has probably returned to a phase of trade in range, probably between 7,1620 and 7,2200’.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
