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TECHS: Sequence of lower lows and.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Sequence of lower lows and lower highs intact:
*RES 4: 1.3286/91 Jun 20 high / 200-DMA
*RES 3: 1.3226 Low Jun 10
*RES 2: 1.3196 High Jun 26
*RES 1: 1.3128/45 200-hma / High Jul 1 and key resistance
*PRICE: 1.3067 @ 05:06 GMT Jul 4
*SUP 1: 1.3056 Intraday low
*SUP 2: 1.3049 Low Nov 2, 2018
*SUP 3: 1.3015 Low Oct 25 2018
*SUP 4: 1.3000 Psychological round number
USDCAD downtrend remains intact with the pair maintaining the price sequence of
lower lows and lower highs. A fresh trend low at 1.3058 printed yesterday and
1.3056 today represents a resumption of the current downtrend. The focus is on
the Nov 2, 2018 low at 1.3049 and 1.2991, the 76.4% retracement of the Oct-Dec
2018 rally. On the upside, gains above 1.3142/45 are required to threaten the
downtrend.

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