MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Bears Focused On Cnh6.5246-5783....>

DOLLAR-CNH TECHS
DOLLAR-CNH TECHS: Bears Focused On Cnh6.5246-5783
*RES 4: Cnh6.6539 - Low Aug 24 now resistance 
*RES 3: Cnh6.6413 - Monthly Low Sept 16 now resistance 
*RES 2: Cnh6.6276 - High Aug 29 
*RES 1: Cnh6.6131 - High Aug 30
*PRICE: Cnh6.5933 @ 2300GMT
*SUP 1: Cnh6.5827 - 2017 Low Aug 30 
*SUP 2: Cnh6.5783 - Low June 24 2016 
*SUP 3: Cnh6.5389 - Monthly Low June 3 2016 
*SUP 4: Cnh6.5246 - Low May 12 2016
*COMMENTARY: Failures ahead of the daily bear channel top (Cnh6.6563) continue
to result in fresh 2017 & 14mth lows that see bearish focus now on layers of
support Cnh6.5246-5783. O/S daily studies and the Bollinger base (Cnh6.5933)
remain key concerns for bears. In saying that, bulls still need a close above
Cnh6.6276 to gain breathing room and above the 21-DMA (Cnh6.6643) to hint at a
move back to Cnh6.7153-7377.

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