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EURCNH has hit an new 6-month high, trading...>

FOREX
FOREX: EURCNH has hit an new 6-month high, trading at 7.8890, cleanly breaking
above downtrend resistance from the August 2017 peak. The next level of
resistance comes in at 8.0000, while ST support comes in at 7.8500.
- JPYCNH has pushed back above 6.0000, with a potential bull flag breakout on
the hourly chart suggesting a move to 6.0780 is in the offing. Bigger picture,
the pair continues to look bullish as the downtrend from the 2016 highs appears
to be rounding out. 
- CNHKRW has fallen 0.38% today to 167.13, its lowest level since July 3. A
break below 166.66 would take the pair into a lower trading range and bring the
January lows at ~163.00 into play.  

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