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TECHS: 100-DMA Key at The Close.......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 100-DMA Key at The Close
Strong US data rallied through the 100-dma (1.3350) and remains key at today's
close. Consolidation above would give control back to the bulls, targeting a
break of the 1.34 level & 50-dma at 1.3411. Further resistance is located at
1.3420/36 from the cloud top & 61.8% retracement of the May-Jun fall. On the
downside bears need a break back under the cloud base at 1.3320, before
challenging Thursday's low at 1.3300.

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