FXStreet reports that FX Strategists at UOB Group now sees the likeliness of USD/CNH to advance to the 6.5150 level in the next weeks.

Next 1-3 weeks: “There is not much to add to our update from last Friday. As highlighted, ‘upward momentum has been boosted’ and ‘there is room for USD to move towards 6.5150’. For now, there is no change to the ‘strong support’ level at 6.4400. A break of the ‘strong support’ would indicate the positive phase in USD that started more than a week ago has run its course.”