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TECHS: Approaching Key Support........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Approaching Key Support
Channel resistance again capped topside gains on Friday with a large sell off
resulting in the pair dropping back to test the August 15 low of 1.3051. A break
below here is needed for bears to regain control and target the August lows of
1.2962. A topside break of channel resistance is needed to suggest a bull flag
breakout is in play. Initial gains are likely to target 1.3290, followed by the
1.3389 high, under this scenario.

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