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TECHS: 100-DMA Holds USDCAD touched...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 100-DMA Holds
USDCAD touched pullback lows of 1.3287, before support from the 100-dma
cushioned falls. The recovery extended toward 1.3350 with bulls looking to clear
1.34 to stabilise the outlook. This puts the focus back on the Mar 6 high at
1.3468, ahead of the Jan 4 high & 76.4% retracement at 1.3496/1.3524. While the
inverse head and shoulders target comes in around 1.36. Bears need a close below
the 100-dma to extend the downtrend and target the Feb 22 high & 50% retracement
level at 1.3242/24.

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