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TECHS: 55-DMA Holding As Support......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: 55-DMA Holding As Support
USDCAD dipped under the 1.33 level yesterday, before encountering support from
the 55-dma. Rate currently rests on resistance from the 100-dma (1.3330) with a
close above here needed to extend the uptrend towards Friday's high at 1.3403.
On the downside bears need a close below the 55-dma at 1.3290, opening the 50%
fibo & trendline support at 1.3224/17.

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