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TECHS: Above 1.34 USDCAD has..........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Above 1.34
USDCAD has accelerated the uptrend through 1.34 on renewed oil output cut
headlines to print fresh ytd highs. Weakness in USD in the London afternoon/NA
morning has not been reflected in the USDCAD cross. The bull flag breakout is
now in play targeting a move to 1.3500. Bears need to clear the Nov 16 low at
1.3127 to change the short-term outlook, opening the 100-dma & Nov 2 low at
1.3083/49.

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