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CAD continues defensive across the board.....>

CANADA
CANADA: CAD continues defensive across the board further extending losses
against the USD to C$1.3235, 9-month bull channel projection the next target at
C$1.3259. CADJPY continues its decline following a break of the ascending
channel base (See MNI Analysis email - CADJPY breaks ascending channel base
1447BST). Rate touches Y83.46, support seen on approach to Y83.00. 

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