USD/CNH: Downside bias could pick up pace – UOB By pabspiovano China Currencies Banks Crosses
24-hour view: “Despite rebounding sharply from a low of 6.3390 last Friday, the risk for USD is still on the downside. Only a break of 6.3700 would indicate that the downside risk has dissipated. Support is at 6.3450 followed by Friday’s low at 6.3390.”
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