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DOLLAR-CANADA: TECHS: 200-DMA Under Pressure
Downside focus remains on the 200-dma at 1.3126, 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.