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TECHS: Weak Dollar Trumps Oil.........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Weak Dollar Trumps Oil Decline 
USDCAD broke back below its 21-dma yesterday dropping as low as 1.3435 as dollar
weakness trumped continued declines in oil. The 55-dma at 1.3415 and uptrend
support act as the next downside targets ahead of the May 22 low at 1.3358.
Bulls look to clear the recent range highs at 1.3565 to reignite the uptrend.
Above here opens a run at the 1.36 level ahead of the Jan 3 high at 1.3655.

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