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TECHS: 50-dma remains key.............>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 50-dma remains key
Resistance ahead of the 50-dma is keeping a lid on prices (as it did on Friday),
with C$1.3415 the level to bear in the near-term. A recovery and close above
here opens the 1.3420/36 cloud top & 61.8% retracement of the May-Jun fall. On
the downside bears need a break back under the 100-dma (current 1.3352) ahead of
the cloud base at 1.3320, before challenging Thursday's low at 1.3300.

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