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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI China Daily Summary: Thursday, November 21
MNI BRIEF: China To Enhance Support For Foreign Trade - MOFCOM
MNI BRIEF: China To Step Up Trade Bloc Negotiations
Bears Focused On 1.1583-1.1669....>
EURO-DOLLAR TECHS: Bears Focused On 1.1583-1.1669
*RES 4: $1.1858 High Oct 19
*RES 3: $1.1826 Hourly resistance Oct 20
*RES 2: $1.1790 Hourly resistance Oct 20a
*RES 1: $1.1763 Hourly resistance Oct 23
*PRICE: $1.1745 @ 1930GMT
*SUP 1: $1.1716 Hourly resistance Oct 6 now support
*SUP 2: $1.1669 Low Oct 6
*SUP 3: $1.1661 Low Aug 17
*SUP 4: $1.1658 100-DMA
*COMMENTARY: Rallies the past two weeks have remained capped ahead of the daily
bear channel top with the pair remaining heavy and focus now having shifted to
layers of support $1.1583-1.1669. Daily studies are well place for further
downside. Resistance layers building are weighing with layers of resistance
$1.1826-80 key. Bulls need a close above $1.1880 to confirm a break of the bear
channel top and shift focus back to $1.2033.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.