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TECHS: 50-DMA Holds Firm Having.......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 50-DMA Holds Firm
Having comfortably held the 50-dma, improving oil prices accelerated the
downtrend through 1.33. Bears look for a close below the 100-dma at 1.3206 to
regain control, targeting the Jan 9 & Dec 3 lows at 1.3180/60. Below here opens
a run at the 61.8% retracement & 200-dma at 1.3120/3119. Bulls need a close
above 1.3368 for a resumption of the uptrend, targeting the Jan 7 high, ahead of
a run at the 1.34 level.

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