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TECHS: Stuck In Range The surge in....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Stuck In Range
The surge in oil prices has failed to break USDCAD out of its contracting range.
Bulls need a clean break above triangle top resistance at 1.34 to bring the
double-top resistance area back into view at 1.3465/70. On the downside, bears
need to clear the 100-dma at 1.3339, while a downside break of the 55-dma at
1.3317 would shift the outlook negative, opening the March 19 low & triangle
base at 1.3251/40. 

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