FXStreet reports that FX Strategists at UOB Group noted the upside bias in USD/CNH could extend to the 6.5200 level in the short-term.

Next 1-3 weeks: “On Wednesday, we indicated that the outlook is mixed and we expected USD to ‘trade between 6.4100 and 6.4900’. While there is no change in our view, upward momentum is beginning to improve and a clear break of 6.4900 could lead to USD moving higher towards 6.5200. At this stage, the prospect for USD to advance is not high but it would remain intact unless the ‘strong support’ at 6.4300 is breached.”