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TECHS: 200-DMA Giving Way Bears are...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 200-DMA Giving Way
Bears are looking to close the week below the 200-dma which sits at 1.3127, a
level it's not closed under since Oct 3. A break here would strengthen the
bearish case and suggest a run at the psychological 1.30 level. Bulls need to
recover the 100-dma at 1.3211 to return the outlook neutral, while a break back
above 1.33 is needed to suggest a resumption of the broader uptrend, targeting
the Jan 7 high.

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