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Still Vulnerable Near-Term: *RES 4:...>

DOLLAR-CANADA: Still Vulnerable Near-Term:
*RES 4: 1.3383 High Sep 3 and key resistance
*RES 3: 1.3348 High Oct 3
*RES 2: 1.3300 High Oct 11
*RES 1: 1.3240 High Oct 15
*PRICE: 1.3169 @ 10:13 GMT Oct 17
*SUP 1: 1.3158 Intraday low
*SUP 2: 1.3134 Low Sep 10 and major support
*SUP 3: 1.3103 76.4% retracement of Jul 19 - Sep 3 rally
*SUP 4: 1.3041 Low Jul 22
USDCAD is lower today and the outlook remains bearish following the move lower
last Friday which is seen weighing on the pair near-term. The focus is on
1.3134, Sep 10 low and 1.3103, 76.4% retracement of Jul 19 - Sep 3 rally. On the
upside, resistance is at 1.3300. At the time of writing, the cross is trading in
line with the intraday bear trigger at 1.3171.

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