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TECHS: Channel Resistance Key.........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Channel Resistance Key
Yesterday's price action has shifted the outlook bullish once again as channel
resistance comes back into play. A break above 1.3160 would likely confirm a
bull flag formation, accelerating gains. On the downside, the 100-dma at 1.2990
is proving to be formidable support and a break of here is needed to shift the
outlook bearish.

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