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USD/CNH setup suggests consolidation

Monday, March 30, 2015 5:26 AM UTC

Fraction firmer in a tight Asian range, after closing 35pts softer in NY
5 & 10 dma poised for a bullish cross
Neutral momentum based on 20 dma falls
Resistance levels 6.2248 and 6.2353, 38.2% Fibonacci retracement
Initial support at 6.2095, Thursday's low & 50% of March bounce are

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USD/CNH setup suggests consolidation

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