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Chinese Yuan: Consolidation with downside risk toward 6.7330 – UOB

UOB’s Quek Ser Leang and Lee Sue Ann describe USD/CNH as consolidating after a move to 6.7200, with momentum slowing in the very near term.

UOB’s Quek Ser Leang and Lee Sue Ann describe USD/CNH as consolidating after a move to 6.7200, with momentum slowing in the very near term.

Market commentary only, not advice. 25 words on the desk. Trading involves risk. Headline credited to FXStreet.

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