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TECHS: Bigger Picture Remains.........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bigger Picture Remains Positive
The hold above 1.30 keeps the short-term outlook neutral albeit within a broader
positive trend. Bulls initially need to recover the 50-dma at 1.3080 and 50%
retracement level at 1.3101 to return the focus to the upside and extend
longer-term gains. Bears target the 200-dma and channel base support at
1.2864/46, a break of which would suggest a large topping pattern is unfolding.

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