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DOLLAR-CANADA: TECHS: 50-, 100-dmas Back In Play
The pair sticks to its recent range, recouping the 200-dma last week and keeping
bullish focus on the 50-dma at 1.31018 ahead of the 100-dma at 1.3058. A move
above here targets the Sep highs at 1.3226 which would reignite potential for a
bull flag breakout. Bears need to press back through the 200-dma and challenge
1.2800 to keep hopes of a topping pattern alive.