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TECHS: Neutral Outlook Above 1.30.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Neutral Outlook
Above 1.30 keeps the short-term outlook neutral. Bulls initially need to recover
the 50-dma at 1.3080 and 50% retracement level at 1.3101 to return the focus to
the upside and keep the bigger picture positive trend intact. Bears target the
200-dma and channel base support at 1.2863/46, a break of which would suggest a
large topping pattern is unfolding.

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