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DOLLAR-CANADA: TECHS: 1.3206 Holds:
*RES 4: 1.3432 High Jun 18
*RES 3: 1.3383 High Sep 3 and key resistance
*RES 2: 1.3345 High Sep 4
*RES 1: 1.3310 High Sep 18 and bull trigger
*PRICE: 1.3249 @ 09:42 GMT Oct 2
*SUP 1: 1.3206 Intraday low / Low Sep 13 and key near-term support
*SUP 2: 1.3177 Low Sep 12
*SUP 3: 1.3134 Low Sep 10 and key support
*SUP 4: 1.3106 Low Jul 31
USDCAD support at 1.3206, Sep 13 low has remained intact this morning. While
this level holds, the recovery established off the low of Sep 10 also remains
intact. Focus for bulls is still on the potential for a close above 1.3300 and a
break of 1.3310. This would cement the bullish outlook and open 1.3345, the high
of Sep 4 and 1.3383, Sep 3 high. On the downside, a move below 1.3206 would
instead signal scope for a deeper sell-off.