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TECHS: Uptrend Starting to Stall......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Uptrend Starting to Stall
USDCAD remains comfortably above the up trendline support from the Oct 1 lows
but the rally has begun to stall around the 1.3330 area. Bulls still look for a
break above 1.3386 to open the bull flag breakout target up at 1.3500. On the
downside, trendline support from the Oct1 low comes in at 1.3198. Bears need to
break below the trendline and 21-dma which comes in at 1.3209 and has capped
losses over the past month to challenge the Nov 16 low at 1.3127.

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