By Peter Stoneham — Nov 29 - 03:50 AM
Big dollar set for a third straight day of losses vs the loonie
The 10-day moving average is putting up a fight at 1.3998
A close below the average could open up a drop to 1.3928, Nov. 25 low
Fibonacci retracement levels also on the bears' radar
A 61.8% Fibo of the 1.3817-1.4178 gain is at 1.3955
We lean bearish and will look for rebounds to exploit
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Source:
Refinitiv IFR Research/Market Commentary