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TECHS: 1.3225 support gives way:......>

DOLLAR-CANADA: TECHS: 1.3225 support gives way:
*RES 3: 1.3527 High Jun 3
*RES 2: 1.3485 76.4% retracement of the 1.3565-1.3225 decline
*RES 2: 1.3432 High Jun 18
*RES 1: 1.3465 50D EMA
*PRICE: 1.3217 @ 08:14 GMT June 20
*SUP 1: 1.3225 Low Jun 10 and key support
*SUP 2: 1.3200 Round number support
*SUP 3: 1.3113 Low Feb 25
*SUP 4: 1.3069 Low Feb 1
The June 10th lows at 1.3225 were seen as firm support for the pair and gave way
in early Europe as the Fed-inspired USD drop extended. This broadens the scope
for further downside, with 1.32 and 1.3113 the initial targets. From a broader
perspective, USDCAD has traded in a choppy manner this year. As a result, there
is no dominant trend so the potential for gains or losses are being viewed
merely as short-term developments.

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