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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

DOLLAR-CANADA
DOLLAR-CANADA: Soft oil prices pressured the CAD yesterday. USDCAD spiked to
8-week highs of C$1.3345, but more importantly failed to close above key
resistance from the 100 & 200-dma's. These levels come in today at C$1.3308/06
respectively with a break needed to cement the uptrend. The cloud top & former
channel top is placed behind at C$1.3312/16.
- EURCAD up five straight sessions peaked at C$1.4995 yesterday and charted a
shooting star candle which is normally a reversal pattern. Rate eases to
C$1.4890 at typing with near-term support at C$1.4855 from the 55-dma, ahead of
the Aug 5 high at C$1.4817.