USD/CNH clears 7.1000; set to tackle 7.1160 barrier next

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USD/CNH rallies to 7.1070 from open 7.0931; bullish
Enters Bollinger uptrend channel; base at 7.0919
Breach of psych barrier opens path to Ichimoku cloud
Cloud at 7.1160 may attract some profit-taking
China, HK shares down slightly as stimulus effect fades
Much more substantial policies to boost demand needed
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Daily Chart — Thomson ReutersCNH

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