UOB strategists anticipate further weakness in USD/CNH, targeting 6.6640 as intraday risks suggest a potential dip below the 6.6700 support level.
UOB strategists expect USD/CNH to drift lower toward 6.6640, with intraday risks of a brief dip below 6.6700, indicating a bearish outlook for the US dollar against the offshore yuan.
United Overseas Bank strategists Quek Ser Leang and Lee Sue Ann project a near-term decline for the USD/CNH pair. The currency pair faces intraday pressure that could push it below the 6.6700 level, though analysts remain skeptical of a sustained breakdown below that support threshold.
UOB strategists expect the pair to drift lower toward 6.6640, with potential for a brief intraday dip below 6.6700.