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TECHS: Broader Bullish Trend..........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Broader Bullish Trend Remains
With US markets out for Thanksgiving on Thursday, USDCAD has traded in a 43 pip
range with the cross largely ignoring a short-lived fall in the oil price.
Support is likely to be provided at the Nov 14 low of 1.3208. In spite of the
pullback, the broader bullish trend remains firmly intact with the focus on the
June ytd high at 1.3386. A break above here would open the bull flag breakout
target up at 1.3500. Up trendline support from the Oct 1 low and the 21-dma
continue to hold firm and bears would need a break below Friday's low at 1.3127
to regain the upper hand and open the 100-dma at 1.3071.

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