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TECHS: Looking For Direction USDCAD...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Looking For Direction
USDCAD continues to trade above near term support at the 55-dma and resistance
at the 1.3403 level as the pair lacks direction. Bulls need a close above this
level to extend the uptrend towards the March 21 high at 1.3451 ahead the
double-top resistance area at 1.3465/70. On the downside bears need to clear the
55-dma at 1.3290, opening the 50% fibo & trendline support at 1.3224/17.

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