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TECHS: Another False Break Below......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Another False Break Below 200-DMA
Bulls are looking to recover the 1.32 level after yesterday's break below the
200-dma failed to sustain, keeping the outlook neutral for now. A close above
the 1.32 level would shift focus to the 100-dma & Feb 19 high at 1.3260/81 ahead
of the 50-dma. Bears need to clear the 61.8% retracement level & trendline
support at 1.3120/16 to regain the upper hand and put the focus back on the ytd
low at 1.3069.

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