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DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 1.3450 Providing the Near-Term Pivot
USDCAD extended its corrective pullback off the Apr 24 high, before basing
around 1.3450. Bears need to clear this level to reignite downside momentum
toward 1.34. Below here lies the 100/55-dma at 1.3344/33, with a break opening
the March 19 low & triangle base at 1.3251/48. Bulls initially need to recover
the 1.35 handle, before challenging the April 24 high & 76.4% retracement level
of the Dec - Jan fall at 1.3521/24.