FXStreet reports that FX Strategists at UOB Group said that USD/CNH is expected to gather extra upside traction once 6.5000 is cleared.

Next 1-3 weeks: “The current movement is viewed as part of a consolidation and USD is likely to trade sideways for now. Looking ahead, the upside risk appears to be greater but USD has to close above 6.5000 before a sustained advance can be expected. The prospect for a sustained advance is not high for now but it would remain intact as long as USD does not move below 6.4680 within these few days.”