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TECHS: 1.3145 key pivot resistance:...>

MNI (London)
DOLLAR-CANADA: TECHS: 1.3145 key pivot resistance:
*RES 4: 1.3286/94 Jun 20 high / 200-dma
*RES 3: 1.3226 Low Jun 10
*RES 2: 1.3196 High Jun 26
*RES 1: 1.3137/45 High Jul 5 / High Jul 1 and key resistance
*PRICE: 1.3130 @ 06:21 GMT Jul 10
*SUP 1: 1.3089 100-hma
*SUP 2: 1.3038 Low Jul 4
*SUP 3: 1.3015 Low Oct 25 2018
*SUP 4: 1.3000 Psychological round number
USDCAD is comfortably holding above 1.3100. A break above resistance at 1.3145
would strengthen the potential bullish implications of the recent bounce off
1.3038, the low of Jul 4. This would in turn open 1.3196 and the 1.3200 handle.
While 1.3145 remains in place however, the broader bearish outlook holds with
key support and the bear trigger at the Jul 4 low of 1.3038. A breach would
extend the downtrend and open the psychological 1.3000 level.
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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