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CAD remains on the defensive..........>

DOLLAR-CANADA
DOLLAR-CANADA: CAD remains on the defensive following the continued pullback in
oil prices and President Trump's fresh tariffs on Mexico. USDCAD touched
multi-month highs of C$1.3548 with next resistance seen at C$1.3564 from the 3%
upper Bollinger band, ahead of the C$1.36 level.
- EURCAD closed below the 100 & 200-dma's yesterday, but has since retraced to
C$1.5083. Double top-resistance is seen at C$1.5095/00, ahead of the May 15 high
at C$1.5115.  

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