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The September DCE iron ore contract..........>

METALS
METALS: The September DCE iron ore contract continues to trend higher following
the break out from its contracting range last week. The metal currently trades
at CNY477, in the middle of its daily range. The next level of resistance comes
in at its daily high of CNY479.50, and beyond that its 200DMA at CNY489.1. Bears
would need a move back below the 100DMA, currently at CNY470.1, to make the case
for a false breakout. 

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