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USDCAD TECHS

Clearing Major Support

AUDUSD TECHS

Sizeable Resistance Building

EURJPY TECHS

Needle Still Points North

USDJPY TECHS

Bullish Argument Down, But Not Out

EURGBP TECHS

Attention Is On Resistance

OIL TECHS
OIL TECHS: NYMEX HO (X19): Bullish Outlook Intact
*RES 4: $2.0299 - 76.4% retracement of Sep 17 - Oct 3 low
*RES 3: $2.0223 - High Sep 19
*RES 2: $1.9905 - 61.8% retracement of Sep 17 - Oct 3 low
*RES 1: $1.9702 - High Oct 22 and upside trigger
*PRICE: $1.9400 @ 07:00 BST Oct 23
*SUP 1: $1.8894 - Low Oct 15
*SUP 2: $1.8744 - Low Oct 8 and key near-term support
*SUP 3: $1.8239 - Low Oct 3 and bear trigger
*SUP 4: $1.8037 - Low Sep 4
HO traded higher yesterday briefly probing resistance at $1.9700. A bullish
outlook remains intact with price action having recently held above support at
$1.8744, Oct 8 low reinforcing a bullish theme. A clear break of $1.9700/02
would confirm a resumption of the uptrend and open $1.9905, 61.8% of the Sep 17
- Oct 3 decline. On the downside, sub $1.8744 levels would expose key support at
$1.8239, Oct 3 low once again. Initial support is at $1.8894.