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TECHS: Bears Back In Control Having...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bears Back In Control
Having held below the 50-dma despite several tests, Friday saw a resumption of
the bearish trend, bringing the Jan 9 low at 1.3180 back into focus. Below here
would target the 200dma at 1.3121. Bulls need a close above the 50-dma 1.3367
for a resumption of the uptrend, targeting the Jan 7 high, but momentum is
moving increasingly in favour of further downside. 

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