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TECHS: Consolidating Above 50-DMA.....>

DOLLAR-CANADA: TECHS: Consolidating Above 50-DMA
USDCAD found support at its 50-dma yesterday keeping the near-term bullish trend
in place. The Sep 27 high of 1.3082 needs to be overcome to allow bulls to
target down trendline resistance from the June highs, coming in at 1.3140. Above
here would signal a bull flag breakout. Bulls look to break back below the
50-dma to target the 200-dma down at 1.2887.

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