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TECHS: Shallow Recovery: *RES 4:......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Shallow Recovery:
*RES 4: 1.3286/91 Jun 20 high / 200-DMA
*RES 3: 1.3226 Low Jun 10 and a key resistance
*RES 2: 1.3196 High Jun 26
*RES 1: 1.3142/45 200-hma/High Jul 1
*PRICE: 1.3104 @ 09:02 GMT Jul 3
*SUP 1: 1.3060 Low Jun 28
*SUP 2: 1.3049 Low Nov 2, 2018
*SUP 3: 1.3015 Low Oct 25 2018
*SUP 4: 1.3000 Psychological round number
USDCAD continues with a series of lower highs to maintain the bearish outlook.
Last week saw the pair touch fresh year-to-date lows of 1.3060. A daily close
below former key support at 1.3069 would reinforce the bearish theme and
maintain potential for a move towards the Nov 2, 2018 low at 1.3049 and 1.2991,
the 76.4% retracement of the Oct-Dec 2018 rally. On the upside, strong gains
above 1.3142/45 is required to highlight scope for a stronger recovery.

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