Trade The World
USD/CNH: Likely to trade in a range of 7.1220/7.1350 – UOB Group
Von FXStreet Insights Team
Veröffentlichungsdatum: 6 Nov 2025 | Änderungsdatum: 6 Nov 2025
POPULAR ARTICLES
US Dollar (USD) is likely to trade in a range of 7.1220/7.1350. In the longer run, there is scope for USD to test 7.1450.
US Dollar (USD) is likely to trade in a range of 7.1220/7.1350. In the longer run, there is scope for USD to test 7.1450.
Scope for USD to test 7.1450
24-HOUR VIEW: "We noted yesterday that 'there has been a slight increase in upward momentum', and we were of the view that USD 'could edge higher to 7.1390'. USD subsequently rose to a high of 7.1380 before easing to close largely unchanged at 7.1306 (-0.07%). The current price movements are likely part of a range-trading phase. Today, we expect USD to trade in a range of 7.1220/7.1350."
1-3 WEEKS VIEW: "We have held a mildly positive USD view since early this week. Yesterday (05 Nov, spot at 7.1340), we highlighted that 'there is scope for USD to test 7.1450'. We added, 'to sustain the mild upward momentum, USD must hold above 7.1170 (‘strong support’ level)'. We continue to hold the same view."
FXStreet
Über eine Million Nutzer verlassen sich auf FXStreet für Echtzeit-Marktdaten, Charting-Tools, Experteneinblicke und Forex-News. Der umfassende Wirtschaftskalender und die Bildungs-Webinare helfen Tradern, informiert zu bleiben und fundierte Entscheidungen zu treffen. FXStreet wird von einem Team von rund 60 Fachleuten getragen, verteilt auf den Hauptsitz in Barcelona und verschiedene Regionen weltweit.
Read More
