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TECHS: 1.3051 Becoming Key Channel....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 1.3051 Becoming Key
Channel resistance once again held firm on Friday with a large selloff seeing
the pair drop back to test the August 15 low of 1.3051. A break below here is
needed for bears to regain control and target the August lows of 1.2962. A
topside break of channel resistance is needed to suggest a bull flag breakout is
in play. Initial gains are likely to target 1.3290 and then the 1.3389 high,
under this scenario.

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