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TECHS: 50-DMA Resistance Gives Way....>

DOLLAR-CANADA: TECHS: 50-DMA Resistance Gives Way
Bulls finally managed to overcome the 50-dma Wednesday after several
unsuccessful attempts, which shifts the focus to the upside and the Sep 27 high
at 1.3082. Above here lies down trendline support from the June highs, coming in
at 1.3140, and a break above here would signal a bull flag breakout. Bears need
to recover the 50-dma at 1.3018 to shift the outlook back to neutral.

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