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DOLLAR-CANADA: TECHS: Range Trading
Oil tied CAD remains on the defensive to keep the bull flag formation alive. A
break of the double-top resistance area at 1.3290 is needed to confirm the
longer-term bullish trend, opening a move towards the June ytd high at 1.3386.
Bears need a close below the 100-dma at 1.3068 to shift focus back to the
downside, bringing the Oct 25 low into view at 1.3015, ahead of the 200-dma at