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Uncertainty over NAFTA combined.......>

DOLLAR-CANADA: Uncertainty over NAFTA combined with a broadly stronger dollar
has seen CAD woes continue with losses of over 2% in the last five trading
sessions. The bullish breakout through channel top resistance has seen USDCAD
lift to extended session highs of C$1.3188 ahead of tomorrow's BoC rate decision
where its widely expected to leave policy on hold at 1.50%. Near-term resistance
is seen at C$1.3196/98 61.8% C$1.3386-1.2888/Upper Bollinger Band (2%), a break
confirms the bullish trend, opening the potential of a rally to C$1.3400.   

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