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​USD/CNH Through Overnight Lows ​​

CNH

USD/CNH is through overnight lows, last trading around 7.1700 (-0.25% versus NY closing levels). Lows from October 14th below 7.1600 could be the next focus point. This trend continues the overnight momentum of USD weakness. EUR/USD is challenging its 100-day MA, which is likely causing some spill over in terms of broader USD sentiment.

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