According to UOB, the negative trend of the USDCNH pair has improved after it exceeded the 7.3150 level, with the current exchange rate at 7.31081

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USDCNH Chart by TradingView

Further decline should lose traction once USD/CNH clears the 7.3150 level, comment Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group.

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