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USDCAD TECHS

Bearish Threat Remains Present

EUROZONE ISSUANCE

EGB Supply For W/C Dec 6, 2021

AUDUSD TECHS

Holding Onto This Week’s Gains

US
US: DOLLAR-INDEX TECHS: Below 91.751 Targets 2017 Low
*RES 4: 93.531 - 55-DMA 
*RES 3: 92.956 - Low Dec 27 now resistance 
*RES 2: 92.840 - 21-DMA 
*RES 1: 92.640 - High Jan 9
*PRICE: 92.387 @ 0530GMT
*SUP 1: 92.214 - Hourly support Jan 10 
*SUP 2: 91.922 - Low Jan 10 
*SUP 3: 91.751 - Low Jan 2
*SUP 4: 91.526 - Low Oct 19
*COMMENTARY: Correcting O/S daily studies appear to be impacting with the index
bouncing from ahead of last week's lows and closes that sees pressure back on
92.840-93.531 where key DMAs and the bear channel top are situated. Bulls need a
close above the 55-DMA to shift initial focus to 94.219 and overall focus to
95.167-464. Bears now need a close below 92.214 to gain breathing room and below
91.751 to return pressure to 2017 lows.