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USD/CAD deals at C$1.3188 (at its.....>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD deals at C$1.3188 (at its 21-DMA) after the rate extended
its Weds losses into Thursday, dropping a further ~40 pips. 
- Another fall in oil prices failed to provide support to the pair. 
- The U.S. was closed for the Thanksgiving holiday yesterday. 
- Worth noting that Canadian PM Trudeau said that "Canada's economy is losing an
estimated C$80mn a day selling oil at a discount," he also noted that the fiscal
reform announced Wednesday won't affect BoC MonPol. 
- Bears need a move through the Nov 19/20 lows of C$1.3156/42 before challenging
the Nov 16 high at C$1.3127. A break below would give them the upper hand, as a
broader bullish trend remains intact. Meanwhile, initial upside target is
located at yesterday's high of C$1.3245, as bulls seek to regain the impetus. 
- Canadian CPI & retails sales are due later today.
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