• USD/CNH tugged lower to 7.2977 from Thurs high 7.3036

• May gravitate toward 100 DMA support currently at 7.2904

• Thurs close below will persuade weak USD longs to bail

• That might weigh toward 23.6% Fibo support at 7.2794

• Tentative pullback in USD/JPY drags DXY and USD/AXJ down

• PBOC says China will continue to open up markets
CNH:

(Ewen Chew is a Reuters market analyst. The views expressed are his own.)