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AUDCAD closed above the 100 & 200-dma's.......>

FOREX
FOREX: AUDCAD closed above the 100 & 200-dma's yesterday, further extending the
uptrend to C$0.9563 and rests on the 61.8% retracement of the Nov-Jan fall. A
topside break opens the C$0.9575/80 area which holds the pivotal line off Sep
lows & double-top resistance. RSI & Bollinger band momentum indicators also
generate a bullish technical picture, suggesting a resumption of the uptrend.
AUDCAD last C$0.9558. 

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