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TECHS: Strong CPI Benefits CAD........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Strong CPI Benefits CAD
USDCAD touched pullback lows of 1.3233 after the release of strong Canadian CPI,
before recovering to settle mid-range. Bulls need to reclaim the 1.33 level,
before challenging the 50-dma & Jan 7 high at 1.3359/91. Bears need to clear the
100-dma at 1.3198 to regain control, targeting the Jan 9 & Dec 3 lows at
1.3180/60. Below here opens a run at the 61.8% retracement & 200-dma at
1.3120/3102.

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