Forex
globalreutersFebruary 3, 20251 Mins read
USD/CNH: Strong opening gap in USD suggests further advance – UOB Group
globalreutersFebruary 3, 20251 Mins read US Dollar (USD) could rise further; overbought conditions suggest 7.4000 is unlikely to come into view. In the longer run, strong opening gap in USD suggests further advance; expect 7.4000 to provide resistance, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
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