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TECHS: Bears Eye 100-DMA Again........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bears Eye 100-DMA Again
USDCAD's rally off the lows remains weak and the failure to break back above the
1.33 level returns the focus back to the 100-dma support at 1.3197. A break
below here would allow a run at the Dec 3 low at 1.3160, ahead of the 61.8%
retracement level & 200-dma at 1.3120/3099. Bulls need to recover the 50-dma at
1.3353, before challenging the Jan 7 high at 1.3391.

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