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Pressure Returns To $1.3268 * Bears...>

DOLLAR-CANADA
DOLLAR-CANADA: Pressure Returns To $1.3268
* Bears failed to capitalise on previous hesitation around the 21-DMA ($1.3206)
with the pair bouncing from the bull channel base off Apr lows and reconfirming
its significance. 
* Pressure has returned to the key $1.3268 resistance. 
* Bulls need a close above $1.3268 to shift initial focus to $1.3384 June highs
and overall focus to $1.3524-74 where daily bull channel tops are noted. 
* Bears now need a close below $1.3186 to gain breathing room and return focus
to layers of support $1.3038-1.3101 where the 55-DMA and a bull channel base are
noted.

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