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TECHS: Ignoring Oil, Uptrend..........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Ignoring Oil, Uptrend Holding
Oil prices have stabilised but up trendline support from the Oct 1 low and the
21-dma continue to hold firm keeping the bigger picture bull flag pattern
intact. Bulls need to close back above the 1.32 level to reignite upside
momentum and return the focus to the June ytd high at 1.3386. A close below the
trendline/Friday's low at 1.3137/27 would turn the outlook bearish opening the
100-dma at 1.3068.

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