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US TSYS

Steady

AUSSIE 10-YEAR TECHS

(U1) Uptrend Weakening

AUSSIE 3-YEAR TECHS

(U1) Recovers Off Contract Low

USDCAD TECHS

Outlook Remains Bullish

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Breaking lower
USDCAD has breached the 1.30 level two days running, setting up a test of the
descending channel support now at 1.2976. A further break below here will open
the way for the 1.2856 area to be targeted. Daily momentum indicators have also
given further bearish signals. Any rebounds will likely encounter initial
resistance at 1.3096, which has formed the top end of the range over the past
few trading sessions.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com