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USDCNH has broken below neckline.........>

CHINA YUAN
CHINA YUAN: USDCNH has broken below neckline support from the Aug 2018 lows at
6.8400, triggering a bearish reversal pattern with the next downside target
coming in at the Dec 4 low of 6.8260.
- While the yuan's gain has in part been fueled by dollar weakness generally,
the yuan is outperforming the euro and Asian FX marginally. 
- The CNHKRW is looking interesting as a close above range highs at 164.00 could
trigger a bottoming pattern, confirming the resumption of yuan outperformance.

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