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100-DMA Holds For Now The 100-dma &...>

DOLLAR-CANADA
DOLLAR-CANADA: 100-DMA Holds For Now
The 100-dma & Dec 3 low at 1.3180/60 held firm yesterday but the trend remains
bearish. A break below here opens the 200-dma at 1.3083. Bulls need to recover
the 61.8% retracement level & broken channel base at 1.3497/1.3505 to change the
outlook, returning the focus to the Dec 31 high at 1.3665.

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