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TECHS: Briefly Under 1.31 USDCAD......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Briefly Under 1.31
USDCAD touched multi-month lows of 1.3086, but has since recovered to flirt with
the 200-dma (1.3129). Bulls need a close above here to stabilise the outlook,
while a break above the 100-dma at 1.3212 would suggest a resumption of the
broader uptrend targeting the 1.33 level. Bears downside focus remains on a
break of up trendline support from the Feb 2018 lows at 1.3060.

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