FXStreet reports that FX Strategists at UOB Group see USD/CNH consolidating within the 6.5400-6.6200 range in the next weeks.

Next 1-3 weeks: “There is not much to add to our update from Tuesday (24 Nov, spot at 6.5710). As highlighted, the recent weak phase in USD has ended and the current movement is viewed as part of a consolidation phase. From here, USD is expected to trade between 6.5400 and 6.6200 for a period of time.”