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Rate ekes back above the day's........>

DOLLAR-CANADA
DOLLAR-CANADA: Rate ekes back above the day's highs as USD/CAD momentum fades
and shorts continue to take profit. Yesterday's highs are still some way off at
C$1.2887 but a break above here would open a correction towards the 21- and
50-dmas at C$1.3009 and C$1.3027 respectively. The 1.0% envelope 10-dma line
then may provide resistance from C$1.3052.

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