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TECHS: 1.3144/45 pivotal..............>

DOLLAR-CANADA: TECHS: 1.3144/45 pivotal resistance:
*RES 4: 1.3286 High Jun 20
*RES 3: 1.3226 Low Jun 10
*RES 2: 1.3196 High Jun 26
*RES 1: 1.3144/45 High Jul 10 / High Jul 1 and key resistance
*PRICE: 1.3138 @ 05:14 GMT Jul 23
*SUP 1: 1.3016/15 Low Jul 19 / Low Oct 25 2018
*SUP 2: 1.3000 Psychological round number
*SUP 3: 1.2990 100-wma / 76.4% of the rally between Oct 1-Dec 31, 2018
*SUP 4: 1.2970 Low Oct 24, 2018
USDCAD has started the week on a firmer note as it pushes higher following the
bounce off last weeks low of 1.3016, the low of Jul 19. Attention for now
returns to the key resistance of 1.3144/45 where a break would likely fuel the
potential for a stronger corrective bounce. This would open 1.3196 and 1.3226 as
initial objectives. Momentum is firmer. A failure to clear 1.3144/45 is required
to keep bears in control and refocus sights on the recent lows.

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