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TECHS: Bulls still in charge: *RES....>

DOLLAR-CANADA: TECHS: Bulls still in charge:
*RES 4: 1.3355 61.8% retracement of the May 31-Jul 19 decline
*RES 3: 1.3252/86 55-dma / High Jun 20
*RES 2: 1.3226 3% Upper Bollinger Band and Low Jun 10
*RES 1: 1.3199 High Jul 26
*PRICE: 1.3174 @ 05:11 GMT Jul 30
*SUP 1: 1.3116 Low Jul 23 and Jul 25
*SUP 2: 1.3016/15 Low Jul 19 / Low Oct 25 2018
*SUP 3: 1.3000 Psychological round number
*SUP 4: 1.2990 100-wma / 76.4% of the rally between Oct 1-Dec 31, 2018
USDCAD faded slightly Monday, extending the retreat from the 1.3199 high printed
last week. Nonetheless the overarching tone is bullish following last week's
break above 1.3144/45. Further gains are seen likely with attention on 1.3226
next. Momentum is firmer reinforcing the current developing bullish theme.
Strong short-term support has been defined at 1.3116. A failure to hold above
this support would expose the ytd low at 1.3016.

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