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TECHS: 100-DMA Next Downside Target...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 100-DMA Next Downside Target
CAD bulls are looking to make it six days of gains in a row as the pair
continues its reversal. The 100-dma & Dec 3 low at 1.3179/60 are the next
downside targets ahead of the 200-dma at 1.3081. Bulls need to recover the 61.8%
retracement level & broken channel base at 1.3497/1.3505 to change the outlook,
returning the focus to the Dec 31 high at 1.3665.

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