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USD/CAD last trades at $C1.3228,......>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD last trades at $C1.3228, sticking to a tight range after
advancing 50 pips or so in a volatile Friday's session. 
- The pair moved higher after oil prices tanked Friday with WTI hitting fresh
multi-month lows & approaching $50/barrel, weighing on the oil-tied CAD. 
- USD/CAD briefly spiked lower & dropped thereafter, as Canadian CPI & retail
sales figures came in above exp., but the move was largely retraced towards the
end of the day. 
- Bulls need to retake C$1.3259, where the rate peaked Friday, before
challenging the 61.8%/76.4% fibo retracement of the move from C$1.3318 to
C$1.3183 at C$1.3266/86. Conversely, bears eye Friday's lows of C$1.3185 and a
break below would give them a green light for targeting the 21-DMA at C$1.3178. 
- Canada awaits the release of its GDP on Friday. Elsewhere, its calendar is
rather light this week.

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