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DOLLAR-CANADA: TECHS: 100-DMA Caps
The 100-dma & Oct 11 high at 1.3062/72 capped spot Thursday as the rallied for a
second session. A break here would suggest a large bull flag is forming, opening
channel top & 61.8% fibo resistance at 1.3135/56. Bears need to break the Oct 10
low to regain control, bringing the 200-dma at 1.2898 into focus. Below here
opens the 50% fibo of 2018 range at 1.2819, ahead of the Oct 1 low at 1.2789.