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Risk-off flows are weighing on CAD,...>

DOLLAR-CANADA
DOLLAR-CANADA: Risk-off flows are weighing on CAD, which is being compounded by
a ~$1.50 fall in both WTI & Brent prices. USD/CAD last trades ~55 pips higher at
C$1.3475.
- Bulls target the January 04 intraday high at C$1.3496, ahead of C$1.3500.
Bears look for a move below the 100-HMA & 61.8% retracement of the move from
C$1.3665 to C$1.3069 at C$1.3439/37.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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