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Having previously breached triangle...>

DOLLAR-CANADA
DOLLAR-CANADA: Having previously breached triangle top resistance, yesterday's
dovish BoC spiked through C$1.3500 to C$1.3521, its highest levels since early
January. USDCAD retraced through Asia to C$1.3484 and holds toward the base of
its narrow trading range. Bulls look to consolidate above the C$1.35 level,
targeting C$1.3521/24 which represents the Apr 24 high & 76.4% retracement of
C$1.3665-1.3069.
- CADJPY trades either side of the Y83 handle to rest on the 100-dma. Up
trendline support comes in today at Y82.89, a break opens the Apr 24 low & 61.8%
retracement of Y81.63-84.35 at Y82.68/67.

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