Trade The World
USD/CNH: Likely to trade in a range between 7.1440 and 7.1630 – UOB Group
Par FXStreet Insights Team
Date de publication: 25 Jul 2025 | Date de modification: 25 Jul 2025
POPULAR ARTICLES
US Dollar (USD) is likely to trade in a range between 7.1440 and 7.1630 against Chinese Yuan (CNH). In the longer run, USD view is negative; it could drop to 7.1295, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
US Dollar (USD) is likely to trade in a range between 7.1440 and 7.1630 against Chinese Yuan (CNH). In the longer run, USD view is negative; it could drop to 7.1295, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD view is negative
24-HOUR VIEW: "On Wednesday, USD fell and closed lower at 7.1514, down by 0.25%. Yesterday, when USD was at 7.1500, we stated that 'the risk for USD remains on the downside.' However, we indicated that 'the significant support level at 7.1295 is probably out of reach for now (there is another support level at 7.1400).' The subsequent price movements did not turn out as we expected. USD briefly dropped to a low of 7.1435 and then recovered to close largely unchanged at 7.1549 (+0.05%). The price movements are likely part of a range trading phase, probably between 7.1440 and 7.1630."
1-3 WEEKS VIEW: "After maintaining a neutral position on USD for more than a week, we revised our view to negative yesterday (24 Jul, spot at 7.1500). We indicated that USD 'could drop to 7.1295.' We will maintain our view provided that USD remains below the ‘strong resistance’ level of 7.1730."
FXStreet
Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Read More
