Trade The World
USD/CNH: Likely to trade between 7.1220 and 7.1320 – UOB Group
Di FXStreet Insights Team
Data di Pubblicazione: 23 Oct 2025 | Data di Modifica: 23 Oct 2025
POPULAR ARTICLES
US Dollar (USD) is likely to trade between 7.1220 and 7.1320. In the longer run, USD could drop to 7.1130; a clear break below this level will shift the focus to 7.1000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
US Dollar (USD) is likely to trade between 7.1220 and 7.1320. In the longer run, USD could drop to 7.1130; a clear break below this level will shift the focus to 7.1000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/CNH might drop to 7.1130
24-HOUR VIEW: "We expected USD to 'trade between 7.1180 and 7.1310' yesterday. However, USD traded in a tight range of 7.1244/7.1298. The price action provides no fresh clues. Today, we expect USD to trade between 7.1220 and 7.1320."
1-3 WEEKS VIEW: "In our most recent narrative from last Friday (17 Oct, spot at 7.1220), we indicated that USD 'could drop to 7.1130'. We added, 'a clear break below this level will shift the focus to 7.1000.' Although USD has not been able to make much headway to the downside, we will continue to hold the same view as long as the ‘strong resistance’ at 7.1400 (no change in level) is not breached."
FXStreet
Oltre un milione di utenti si affida a FXStreet per dati di mercato in tempo reale, strumenti di charting, approfondimenti di esperti e notizie Forex. Il loro calendario economico completo e i webinar formativi aiutano i trader a rimanere informati e a prendere decisioni ponderate. FXStreet conta circa 60 professionisti tra la sede di Barcellona e diverse regioni globali.
Read More
