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TECHS: Challenging 200-DMA............>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Challenging 200-DMA
President Trump's tweet warning oil prices are getting too high, knocked
sentiment. USDCAD based at 1.3113, before extending the recovery towards the
200-dma (1.3157). Bulls need a close above here and the 1.32 level, before
focusing on the 100-dma & Feb 19 high at 1.3256/81. Bears need to clear the
61.8% retracement level & trendline support at 1.3120/16 to regain the upper
hand and put the focus back on the ytd low at 1.3069.