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TECHS: Bears Consolidate Recent.......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bears Consolidate Recent Declines
USDCAD continues to consolidate below its 200-dma following Monday's key break.
Bears focus remains on channel base support at 1.2792, a break would see a large
topping pattern play out. Below here opens 1.2528/19 which represents the Apr 17
low & 76.4% retracement of the 2018 range. On the upside, a break of 1.2900/20
is needed to target the 100-dma at 1.3054, ahead of Sep highs at 1.3226.

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