Aussie drifted down to 0.7590 initially on Friday and then managed to rise to a new high at 0.7685.But this rally still respected the immediate channel resistance.Aussie should fall back to 0.7590 again over the next day or two to retrace the recent rise before continuing with the rally towards 0.7790.
Kiwi fell to 0.6140 on Friday and appears to complete the flat consolidation from the 0.6280 high of a couple of weeks ago.After some ranging 0.6165/90 initially today expect a rise to 0.6240.
Dollar/Canada failed to rally on Friday and will now test 1.1250 before making any further upward attempts.
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