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USDCAD TECHS

Heading North

GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

Potential bull flag: *RES 4:......>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Potential bull flag:
*RES 4: 1.1365 Trendline resistance drawn off the Jan 10 high
*RES 3: 1.1281/84/86 High Jul 18/High Jul 15/High Jul 11
*RES 2: 1.1250/60 High Aug 06 / Cloud base
*RES 1: 1.1224/38 100-dma/50-dma
*PRICE: 1.1188 @ 08:32 GMT Aug 13
*SUP 1: 1.1173 200-hma
*SUP 2: 1.1162 Low Aug 12
*SUP 3: 1.1105 Low Aug 5
*SUP 4: 1.1070 Low Aug 02 / Lower Boll Band (2%)
EURUSD continues to hold in the 1.1150-1.1250 range, seen as a potential bull
flag. For bulls to build on the base established off the Aug 1 low of 1.1027, a
close above the 100-dma and previously hard to overcome 1.1240/50 area is
required to extend the uptrend. This would open 1.1286, and trendline resistance
drawn off the Jan 10 high at 1.1365. Support is located around the 200-hma at
1.1173, a break opens the Aug 5 low of 1.1105.