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JPY & CHF comfortably remain at the top of....>

FOREX
FOREX: JPY & CHF comfortably remain at the top of G10 following the earlier
China tariff headlines. USDJPY touched extended react lows of Y109.06 and holds
heavy at typing. Expect support on approach to the Y109.00 level, a break opens
the 50% fibo of Y99.02-118.66 at Y108.84.
- AUDJPY dipped back under Y76.00 with near-term support at Y75.68 from the 50%
fibo of the Jan - Apr rise.
- USDCHF trades back under the 50 & 55-dma's to Chf1.0053. The 61.8% fibo of the
Mar - Apr rise & 100-dma provide the next layer of support at Chf1.0026/07.
- USDCNH trades through Cnh6.91 to multi-month highs of Cnh6.9143. Next
resistance from the double-top area at Cnh6.9225/50.

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