Yuan Range Trade Continues Against US Dollar

USD/CNH expected to remain in narrow range The Chinese yuan is likely to continue its range trade against the US dollar. The USD/CNH is expected to remain confined in a narrow intraday range, reflecting flat momentum indicators. Over the next 1–3 weeks, the dolla

USD/CNH expected to remain in narrow range

The Chinese yuan is likely to continue its range trade against the US dollar.

The USD/CNH is expected to remain confined in a narrow intraday range, reflecting flat momentum indicators.

Over the next 1–3 weeks, the dollar may edge lower toward 6.7300, with resistance shifting higher to 6.7580.

The yuan’s upside risk against the US dollar persists, with tentative upward momentum requiring confirmation.

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