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TECHS: Breaks Above 1.33 The..........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Breaks Above 1.33
The pullback in oil allowed USDCAD to rally above 1.33, extending the move to
1.3319. Bulls focus turns to the 50-dma at 1.3353, before challenging the Jan 7
high at 1.3391. Bears need to clear the 100-dma at 1.3195 to regain control,
targeting the Jan 9 & Dec 3 lows at 1.3180/60. Below here opens a run at the
61.8% retracement level & 200-dma at 1.3120/3099.

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