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Extends its recovery to C$1.2825......>

DOLLAR-CANADA
MNI (London)
DOLLAR-CANADA: Extends its recovery to C$1.2825 after rate bounced away from
Wednesday's low of C$1.2653 in reaction to BOC dovish comments. Next resistance
noted at C$1.2837/42 (Nov21 high/76.4% C$1.2909-1.2624), a break to expose
C$1.2855. Above to to expose the Nov30 high of C$1.2909. Traders have reported
model interest to sell between C$1.2910/20. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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