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USDCAD TECHS

Bear Leg Extends

AUDUSD TECHS

Northbound

ARGENTINA

August Economic Activity Rises 1.1% M/m

EURJPY TECHS

Uptrend Remains Intact

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: $1.2535-40 Break The Key To A Better Recovery
*RES 4: $1.2599/08 Aug 23, Aug 21 highs
*RES 3: $1.2575 Congestion area Aug 21-23
*RES 2: $1.2535/40 Aug 28, Aug 25 highs
*RES 1: $1.2515 Hourly resistance
*PRICE: $1.2499 @1320GMT
*SUP 1: $1.2432/41 1% volatility band, Aug 28-29 lows
*SUP 2: $1.2414 Jul 26, Jul 27 lows
*SUP 3: $1.2383 1.618 projection target from $1.2692
*SUP 4: $1.2306 2% volatility band
*COMMENTARY* Failure to move above $1.2535-40 has instigated a fresh challenge
lower today but so far this holds $1.2441 again and also above the lower 1%
volatility band at $1.2432. These now seen as the protection against a further
trip down to the late July low at $1.2414. In the meantime, $1.2515 provides
immediate resistance, that $1.2535-$1.2540 area higher. Probably need back above
here, before things can really improve.