TECHS: Back above 1.31: *RES 4:.......>

DOLLAR-CANADA: TECHS: Back above 1.31:

*RES 4: 1.3286/94 Jun 20 high / 200-dma

*RES 3: 1.3226    Low Jun 10

*RES 2: 1.3196    High Jun 26

*RES 1: 1.3137/45 High Jul 5 / High Jul 1 and key resistance

*PRICE: 1.3131    @ 08:59 GMT Jul 9

*SUP 1: 1.3077    100-hma

*SUP 2: 1.3038    Low Jul 4

*SUP 3: 1.3015    Low Oct 25 2018

*SUP 4: 1.3000    Psychological round number

USDCAD trades back above 1.31 to negate the overall sequence of lower lows and

lower highs. Despite this, the broader bearish outlook holds with key support

and the bear trigger at the Jul 4 low of 1.3038. A breach would extend the

downtrend and open the psychological 1.3000 level, ahead of the 76.4%

retracement at 1.2991. On the upside, gains above 1.3145 are required to change

the short-term directional outlook.