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TECHS: The Loonie is firmer as the....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: The Loonie is firmer as the USD rallies and the oil price
falters. 
- Today's move potentially brings to an end the recent Mar 19 - Apr 13 bearish
cycle. 
- Support at the 50% retracement of the Jan 7 - Mar 19 rally at 1.3812 has
remained intact. 
- Note that the 50-day EMA at 1.3798 also highlights an additional strong
support handle. 
- Unless USDCAD can break below Monday's low of 1.3856, the risk has increased
that prices will travel north near-term towards 1.4143 and 1.4262.

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