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TECHS: Closed Below 200-dma Strong....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Closed Below 200-dma
Strong Canadian jobs data pressured the rate below the trendline off Jan 2018
lows on Friday, resulting in a close below the 200-dma for the first time since
Feb 27. Bears now look for a break below the 50% retracement level at 1.3224,
ahead of a run at 1.3200. Further support is located at 1.3163 from the Feb 20
low, ahead of the 200-wma & 61.8% retracement at 1.3121/20. Bulls need to
recover the 200-dma to change the outlook, before returning the focus to the
cloud base at 1.3317.

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