There is still room for USD/CNH to extend further the current 6.8500-6.9200 range, comment UOB Group’s Economist Lee Sue Ann and Market Strategist Quek Ser Leang.
Key Quotes
24-hour view: “We expected USD to trade sideways in a range of 6.8680/6.8950 yesterday. USD subsequently traded in a range of 6.8750/6.8963. The firm underlying tone suggests USD could test 6.9050 before the risk of a more sustained pullback increases. The major resistance at 6.9200 is unlikely to come under threat. On the downside, a breach of 6.8790 would indicate that the current upward pressure has eased.”
Next 1-3 weeks: “USD traded sideways and in a quiet manner for the past few days. The consolidative price actions suggest further sideways trading, likely between 6.8500 and 6.9200.”
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
古いコメントはありません。ソファをつかむ最初のものになりましょう。