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Oil tied CAD extended the.............>

DOLLAR-CANADA
DOLLAR-CANADA: Oil tied CAD extended the corrective pullback through the 100-dma
(not closed below since Apr 12) to C$1.3346, before up trendline support off the
Oct 1 2018 low cushioned falls. The 100-dma comes in today at $1.3351, below
here opens the 38.2% retracement level & cloud base at C$1.3328/17.
- EURCAD rests on 100-dma support at C$1.5050, below here brings the May 31 low
into view at C$1.5022.
- CADJPY closed above channel top resistance yesterday, with the uptrend
extending to Y81.30. Next resistance at Y81.51/65 from the May 30 high & 38.2%
fibo of the Apr-May fall.
RISK - Despite WTI moving out of bearish territory and extending the recovery
back through $53, momentum indicators continue to generate negative signals.
Canadian job numbers also due up at 1230GMT. 

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