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Bullish Trend News that the...........>

DOLLAR-CANADA
DOLLAR-CANADA: Bullish Trend
News that the Keystone XL pipeline project has been blocked knocked CAD
sentiment across the board. Bulls need a close above the Oct 31 high at 1.3170,
returning focus to the bull flag breakout target area at 1.3210. A solid hold
can look to build on recent momentum, opening channel top resistance at 1.3302,
ahead of the ytd highs at 1.3386. Bears need a close below the 100-dma at 1.3070
to shift the focus lower bringing the Oct 25 low into view at 1.3015. Below here
lies the 200-dma at 1.2955.

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