Chinese Yuan: Strengthening toward 6.7300 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang sees USD/CNH trading slightly higher within a developing range, with intraday levels expected between 6.7500 and 6.7620. On a 1–3 week horizon, the pair could continue to edge lower toward 6.7300 as long as 6.7640 holds as strong resistance.