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TECHS: Bearish Outlook: *RES 4:.......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bearish Outlook:
*RES 4: 1.3357 100-hma
*RES 3: 1.3286/87 High Jun 20/200-dma
*RES 2: 1.3283 200-DMA
*RES 1: 1.3226 Low Jun 10
*PRICE: 1.3150 @ 09:20 GMT June 26
*SUP 1: 1.3142 Intraday low
*SUP 2: 1.3121/20 200-wma/61.8% 1.2783 - 1.3665
*SUP 3: 1.3113 Low Feb 25
*SUP 4: 1.3069 Low Feb 1
Firmer oil prices pressured USDCAD back under 1.3150. The near-term outlook
remains bearish with focus on a break of the 200-wma & 61.8% retracement level.
Below here would expose 1.3113 and 1.3069. On the upside, first resistance is at
last week's breakout point of 1.3226. The 200-dma intersects at 1.3283, ahead of
the 200-hma at 1.3287 which represents a more important level of resistance.

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