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EURCAD - Failure to clear former trendline....>

FOREX
FOREX: EURCAD - Failure to clear former trendline support-turned-resistance
drawn off Apr 2015 lows, has seen a resumption of the downtrend to C$1.4676. The
Jul 8 low at C$1.4637 provides key support, a break opens a move toward the
psychological C$1.4600 level.
- CADJPY improves to Y83.19 to rest on the 61.8% retracement level of the
Feb-Jun fall, the 200-dma is placed behind at Y83.32, a level not closed above
since Mid-Dec 2018.
- NZDCAD remains locked in the symmetrical triangle pattern. The top comes in
today at C$0.8741. A break above here opens the 50-dma & 50% retracement of
C$0.8920-0.8627 at C$0.8774/77. 

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