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TECHS: Moving Sideways USDCAD has.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Moving Sideways
USDCAD has remained in its sideways range in spite of the break higher in oil
prices. Bulls need a clean break above triangle top resistance at 1.34 to bring
the double-top resistance area back into view at 1.3465/70. On the downside,
bears need to clear the 100-dma at 1.3339, while a downside break of the 55-dma
at 1.3317 would shift the outlook negative, opening the March 19 low & triangle
base at 1.3251/40.

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