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USD/CAD last C$1.3401, having.........>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD last C$1.3401, having advanced nearly 80 pips Monday,
lifted by a sharp pullback in oil prices, which came in after Friday's rally.
WTI trades at ~$51/barrel at writing, off of yesterday's lows at $50.53. 
- Matters around the arrest of Huawei CFO Meng are a factor to watch, as
Canada's Trade Minister Carr said Sino-Canadian ties can withstand the crisis,
while Ottawa said Beijing was informed about Meng's detention on the day of the
incident. Meng's bail hearing will continue tomorrow. 
- Bulls look to a move through the 1.0% 10-DMA envelope at C$1.3429 before
challenging the Dec 6 high at C$1.3445. Meanwhile, bears seek a fall through
yesterday's intraday low at C$1.3293 before targeting the 21-DMA at C$1.3269. 
- The Canadian calendar for the remainder of this week is rather dry.

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