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TECHS: Late July recovery extends:....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Late July recovery extends:
*RES 4: 1.3355 61.8% retracement of the May 31-Jul 19 decline
*RES 3: 1.3286 High Jun 20
*RES 2: 1.3253 3% Upper Bollinger Band
*RES 1: 1.3215 Jul 31 High
*PRICE: 1.3198 @ 20:01 GMT Jul 31
*SUP 1: 1.3116 Low Jul 23 and Jul 25
*SUP 2: 1.3016/15 Low Jul 19 / Low Oct 25 2018
*SUP 3: 1.3000 Psychological round number
*SUP 4: 1.2990 100-wma / 76.4% of the rally between Oct 1-Dec 31, 2018
The late July recovery extended Wednesday thanks to the Fed, helping boost the
pair north of 1.32, at which bulls will aim to create a base. Resistance is eyed
at 1.3215, with a break above here opening the 1.32s and early June highs.
Bullish momentum looks likely to fade soon, however, keeping bears hopeful of a
return to 1.3116 support, which should prove firm.

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