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TECHS: 50-dma the next hurdle: *RES...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 50-dma the next hurdle:
*RES 4: 1.3355 61.8% retracement of the May 31-Jul 19 decline
*RES 3: 1.3286 High Jun 20
*RES 2: 1.3247 Aug 1 High
*RES 1: 1.3223 50-dma
*PRICE: 1.3203 @ 16:05 GMT Aug 01
*SUP 1: 1.3116 Low Jul 23 and Jul 25
*SUP 2: 1.3016/15 Low Jul 19/Low Oct 25 2018
*SUP 3: 1.3000 Psychological round number
*SUP 4: 1.2990 76.4% of the rally between Oct 1-Dec 31, 2018
Bulls were rewarded further Thursday, but momentum looks to be petering out as
the pair failed to cement a move above the 1.3223 50-dma. This leaves the level
as the first upside target ahead of 1.3247 and 1.3286. With momentum fading
though, bears remain hopeful of a return to 1.3116 support, which should prove
firm.

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