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MNI China Daily Summary: Friday, September 15

MNI BRIEF: Economy To Continue Recovery - NBS Spokesperson

MNI BRIEF: BOJ Tankan To Show Better Sentiment, Price Views

August Home Sales Continue Decline After BOC Resumed Rate Hikes

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

MNI BRIEF: Highlights From BOC Governor Macklem Speech

MNI BRIEF: Finance Minister Calls BOC Pause 'Welcome Relief'

TECHS: Bullish Activity Resumes.......>

DOLLAR-CANADA 
                                            DOLLAR-CANADA: TECHS: Bullish Activity Resumes
                                          
                                            *RES 4: 1.4485 High Mar 25
                                          
                                            *RES 3: 1.4349 High Mar 31 and key resistance
                                          
                                            *RES 2: 1.4299 High Apr 2
                                          
                                            *RES 1: 1.4262 High Apr 6
                                          
                                            *PRICE: 1.4250 @ 10:58 BST Apr 21
                                          
                                            *SUP 1: 1.4114 Low Apr 21
                                          
                                            *SUP 2: 1.3998 Low Apr 17 and intraday low
                                          
                                            *SUP 3: 1.3856 Low Apr 13
                                          
                                            *SUP 4: 1.3841/12 50-day EMA / 50.0% retracement of the Jan 20 - Mar 19 rally
                                          
                                            USDCAD is firmer. Last week's move higher signalled an end to the recent Mar 19
                                          
                                            - Apr 13 bearish cycle. The strong close on Apr 15 confirmed a bullish engulfing
                                          
                                            candle highlighting a reversal. Furthermore, support at 1.3812, 50% of the Jan 7
                                          
                                            - Mar 19 rally has remained intact as has the 50-day EMA at 1.3841. Yesterday's
                                          
                                            gains and today's follow through have confirmed a resumption of strength opening
                                          
                                            1.4262 and 1.4349. Firm support lies at 1.3998.
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