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3 weeks USD/CNH: Can breach 7.1800 near term – UOB GroupFXStreet

Impulsive advance in early Asian trade could extend to 7.1550 before levelling off.

USD CNH

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2 days USD/CNH: The major resistance at 7.2800 is likely out of reach – UOB GroupFXStreet   X     

3 days USD/CNH: Major resistance at 7.2800 is likely out of reach – UOB GroupFXStreet   X     

4 days USD/CNH: Unlikely to reach the strong support at 7.2000 – UOB GroupFXStreet   X     

5 days USD/CNH: Unlikely to reach the strong support at 7.2000 – UOB GroupFXStreet   X     

6 days USD/CNH: Likely to trade in a range of 7.2250/7.2500 – UOB GroupFXStreet   X     

1 week USD/CNH: Next resistance above 7.2800 is at 7.3115 – UOB GroupFXStreet   X     

1 week USD/CNH: Attempt to slow pace of depreciation – OCBCFXStreet   X     

1 week USD/CNH: Has a chance to break above 7.2600 – UOB GroupFXStreet   X     

2 weeks USD/CNH: Policymakers attempt to slow pace of depreciation – OCBCFXStreet   X     

2 weeks USD/CNH: To trade between 7.2200 and 7.2500 – UOB GroupFXStreet   X     

2 weeks USD/CNH: Level to watch is 7.2400 – UOB GroupFXStreet   X     

2 weeks USD/CNH: Surge in momentum suggests further USD strength – UOB GroupFXStreet   X     

3 weeks EM: Key battle grounds – INGFXStreet   X     

3 weeks USD/CNH: To decline towards 7.0660 – UOB GroupFXStreet   X     

3 weeks USD/CNH: To encounter solid support at 7.1000 – UOB GroupFXStreet   X     

4 weeks USD/CNH: To trade between 7.1300 and 7.1550 – UOB GroupFXStreet   X     

4 weeks USD/CNH: Above 7.1600 further sustained gains are likely – UOB GroupFXStreet   X     

1 month USD/CNH: Momentum is slowing – UOB GroupFXStreet   X     

1 month USD/CNH: To edge higher to 7.1500 before levelling off – UOB GroupFXStreet   X     

1 month USD/CNH: A sudden weakness amid USD strength – DBSFXStreet   X     

1 month USD/CNH: Can reach 7.1330 short term – UOB GroupFXStreet   X     

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