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USDCNH is trading at daily highs,........>

CHINA YUAN
CHINA YUAN: USDCNH is trading at daily highs, recovering Tuesday's losses to
trade at 6.8838. A close above 6.8800 would provide a bullish signal targeting a
return to the 50-dma resistance level. 
- The yuan's relative strength following the trade war ceasefire news over the
weekend has seen the real effective exchange rate trade at its highest level
since July.
- EURCNH has broken back above its 200-dma to trade back above 7.80, which marks
neckline support-turned-resistance. A close above here would suggest that
weakness in Chinese rate markets is beginning to undercut the yuan's recovery. 

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