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Worth keeping an eye on the Yuan

  • Worth keeping an eye on CNY and CNH as the currency takes another leg higher against the Greenback.
  • Next MNI tech support in USDCNY comes at 6.3554 - Low May 17, 2018
  • Next support in USDCNH is seen at the 23/05/2018 low at 6.3479.
  • Recall Tuesday's Reuters source piece: "China state banks buy dollars to curb rapid yuan rally - sources"

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