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US EURODLR OPTIONS

Midcurve Put Spd Buying

PIPELINE

Rabobank, TD On Tap

CHINA

Investors Prepare For PPI Inflation

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Remains Under Pressure
*RES 4: 1.4141 High May 14
*RES 3: 1.4048 High May 25 and key near-term resistance
*RES 2: 1.3986 High May 26
*RES 1: 1.3867 Low May 19
*PRICE: 1.3768 @ 06:26 BST May 28
*SUP 1: 1.3728 Low May 27
*SUP 2: 1.3682 Low Mar 11
*SUP 3: 1.3611 61.8% retracement of the rally between Jan 7 - Mar 19
*SUP 4: 1.3500 round number support
USDCAD remains weak. The pair Tuesday traded below the former key support at
1.3851, Apr 29 low to signal a resumption of the retracement that started on Mar
19 off 1.4668. Tuesday's price action also cleared the 50-day EMA at 1.3953,
reinforcing the developing bearish theme. The focus turns to 1.3682, Mar 11 low
and 1.3611 further out, a retracement level. 1.4048, May 22 high is firm
resistance.