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DOLLAR-CANADA: TECHS: Rally Falters, Recent Lows Back In Focus
Yesterday's price action remains in focus, with the spike through 1.3100 and the
55-dma stalled, and reversed, very quickly. The pullback into the recent August
range has knocked some wind out of the bulls and a comfortable close above
yesterday's 1.3120 highs will be required for confidence to recover. A break
below 1.2962 would be required to trigger a bearish signal.