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TECHS: Bullish Rally Remains In.......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bullish Rally Remains In Place
*RES 4: 1.3432 High Jun 18
*RES 3: 1.3383 High Sep 3
*RES 2: 1.3331 61.8% June - Dec decline
*RES 1: 1.3329 High Feb 10
*PRICE: 1.3323 @ 16:49 GMT Feb 10
*SUP 1: 1.3263/27 Low Feb 5 / Low Jan 3
*SUP 2: 1.3191 Low Jan 30
*SUP 3: 1.3155 Low Jan 28 and 29
*SUP 4: 1.3129/05 Trendline support drawn off the Jan 7 low / High Jan 9
USDCAD traded higher again on Monday achieving a stronger print above the 1.3300
handle. Conditions are unchanged and the pair maintains a bullish focus
following this year's recovery. Key resistance at the Nov 20 high of 1.3328 gave
way, opening 1.3331 and 1.3383. Support is seen at 1.3263 and 1.3227 initially
ahead of 1.3191, the Jan 30 low. A breach of the latter would dent the current
impulsive bullish theme.

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