USD/CNH: Major Support at 7.2420 Unlikely to be Reached, According to UOB Group
Further US Dollar Weakness: Is it a Possibility? Likelihood of USD Decline Prossionally speaking, further weakness in the US Dollar (USD) is not ruled out in the current market conditions. The major support level at 7.2420 may be out of reach at the moment, according to FX analysts Quek Ser Leang and Lee Sue Ann…