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TECHS: Consolidates between 100-......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Consolidates between 100- and 50-dmas
Despite briefly slipping through 50-dma support, markets will eye a close above
that level as constructive in the short-term and allow bulls to target the
100-dma at 1.3063. This opens the Sep 27 high of 1.3082, which would shift the
upside target to down trendline resistance from the June highs, coming in at
1.3140. Above here would signal a bull flag breakout. Bulls look to close below
the 50-dma to target the 200-dma down at 1.2887.

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