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USDCAD TECHS

Bullish Price Structure

AUDUSD TECHS

Key Support Still Exposed

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SCHATZ TECHS
SCHATZ TECHS: (U17) 112.130 Break Can Trigger Further 112.170-112.200 Rise
*RES 4: 112.230 Jun 12 high
*RES 3: 112.200 0.1% volatility band  
*RES 2: 112.170/180 Swing of 112.130-112.060, Jun 14 high
*RES 1: 112.130 76.4% Fibo of 112.230-111.81, Aug 1-2 highs
*PRICE: 112.120 @1544GMT
*SUP 1: 112.050/060 Hourly support, Aug 7 low
*SUP 2: 112.020 Jul 28 low
*SUP 3: 111.980 Jul 13 high, now support
*SUP 4: 111.910 Jul 19, 20 lows
*COMMENTARY* Resistance from the 61.8% Fibo retrace level at 112.070 has been
breached. With the subsequent move above 112.090 the next upside marker to note
is now situated at 112.130, where the 4 month falling resistance line also
resides today. Any higher and look to 112.170/112-180 next, ahead of the upper
0.1% volatility band at 112.200. In the meantime, support still from
112.060/112.020 while 112.130 caps.

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