FXStreet reports that UOB Group’s FX Strategists discuss USD/CNH outlook.

Next 1-3 weeks: “We have held a positive view in USD for two weeks now. After USD retreated from 6.5080 and traded mostly sideways, in our latest narrative from Wednesday (03 Mar, spot 6.4725), we indicated that USD ‘has to move and stay above 6.4900 within these few days or prospect for further USD strength would diminish quickly’. USD rose to 6.4920 yesterday (04 Mar) but upward momentum has not improved by all that much. That said, the overall outlook is still deemed as positive as long as USD does not move below 6.4400 (no change in ‘strong support’ level for now). Looking ahead, the next resistance above February’s peak of 6.5080 is at 6.5150.”