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USD/CNH dominated by consolidation

Thursday, March 12, 2015 4:18 AM UTC

Doji & inside day yesterday and a doji in Asia as consolidation dominates
DXY +6.5% since Feb 17, while CNH has range traded - risk to topside
Momentum studies, 5, 10 & 20 dma's conflict - neutral range trading setup
Initial support/resistance is Asian 6.2755/6.2815 range

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USD/CNH dominated by consolidation

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