19 Jan 2016
USD/CNH neutral in the near-term – UOB
FXStreet (Edinburgh) - According to the research team at UOB Group, the pair’s outlook is expected to be neutral in the short-term.
Key Quotes
“There is no change to the current neutral view as this pair continues to trade choppily within a broad range”.
“Strong support is at 6.5600 but any up-move is expected to encounter strong resistance at 6.6300 followed by 6.6520”.
Key Quotes
“There is no change to the current neutral view as this pair continues to trade choppily within a broad range”.
“Strong support is at 6.5600 but any up-move is expected to encounter strong resistance at 6.6300 followed by 6.6520”.