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TECHS: DMA's remain key: *RES 3:......>

*RES 3: 1.3432 High Jun 18
*RES 2: 1.3355 61.8% retracement of the May 31-Jul 19 decline
*RES 1: 1.3306/08 200-dma/100-dma
*PRICE: 1.3289 @ 09:02 GMT Aug 08
*SUP 1: 1.3228/26 Cloud base/55-dma
*SUP 2: 1.3178 Low Aug 05
*SUP 3: 1.3123/19 50-mma/200-wma
*SUP 4: 1.3106 Low Jul 31
Oil's recovery from lows late yesterday allowed CAD to regain some poise, with
the pair moving back and closing below the key 100 & 200-dma's. These levels
come in today at 1.3308/06 respectively with a break needed to cement the
uptrend. The cloud top and former channel top is placed behind at 1.3312/16,
ahead of the 61.8% retracement of the May-Jul decline at 1.3355. On the downside
a subsequent break of 1.32 would reignite bears interest, returning the focus to
the Jul 19 ytd low at 1.3016.

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