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UOB Group predicts USD/CNH will move sideways between 7.1990 and 7.2190, with future implications

USD/CNH trades sideways within 7.1990–7.2190; break above 7.2330 may reduce downside potential.

According to UOB analysts, USD/JPY’s major support at 144.50 seems secure despite potential declines

USD/JPY stays in consolidation; may dip below 144.90 but holds above key 144.50 support level.

April statistics indicate trade war effects, yet growth recovery is anticipated after the Geneva agreement

China’s April data reveals slowing industrial output, weak domestic demand, and cautious optimism amid trade tensions.

UOB Group analysts highlight that a move above 0.6370 indicates range trading for AUD/USD

AUD/USD likely to range between 0.6390–0.6440; key resistance at 0.6515; USD weakness influences markets.

The Euro is anticipated to stabilise between 1.1100 and 1.1290, indicating limited upward movement

Euro shows mild recovery but limited upside; expected to consolidate between 1.1100 and 1.1290 short-term.

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