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DOLLAR-CANADA: TECHS: 200-DMA Next Key Downside Target
Bears have the upper hand following recent declines through 1.3000 with the
200-dma and channel base support at 1.2862/46 coming squarely into focus. Below
here would suggest a large topping pattern is unfolding. Bulls need to recover
the 50-dma at 1.3081 to return the focus to the upside and keep the bigger
picture positive trend intact.