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TECHS: 200-DMA Underpins USDCAD.......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 200-DMA Underpins
USDCAD rebounded off its 200-dma yesterday allowing bulls to regain the 1.32
level. The 100-dma at 1.3256 now becomes the immediate focus, ahead of the Feb
19 high at 1.3281. Above here brings the 50-dma & Feb 14 high at 1.3335/40 back
into view, with a break suggesting a resumption of the broader bullish trend. On
the downside a break of the 200-dma at 1.3156, opens up trendline support & the
ytd low at 1.3113/1.3069.

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