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USDCNH is on the verge of breaking to....>

CHINA YUAN
CHINA YUAN: USDCNH is on the verge of breaking to the upside as it tests its
range highs once again. A break above 6.7300 would confirm the breakout. 
- The yuan is coming under renewed pressure, with the yen's ongoing weakness and
yesterday's dip in the euro likely acting as headwinds as US 2-year yields hit
new cycle highs. 
- A break higher in USDCNH would suggest a measured move to 6.9000.

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