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TECHS: Improving Oil Boosts CAD CAD...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Improving Oil Boosts CAD
CAD retraced off Friday's cycle high to 1.3609, buoyed by improving oil prices.
Despite this bulls remain in charge with topside focus on the 61.8% retracement
level at 1.3686, ahead of the May 2017 highs at 1.3793. For bears to regain
control, a downside break of channel base support at 1.3445 is required,
shifting focus to the 50-dma at 1.3295.

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