Free Trial

TECHS: Broader Uptrend Intact Bulls...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Broader Uptrend Intact
Bulls managed to close above 1.3450 yesterday cementing the uptrend and
returning the focus to the previously hard to overcome 1.3475/80 area. Above
here opens a run at 1.35, ahead of the Apr 24 high at 1.3521. Bears need a close
under the 100-dma at 1.3347 to regain control. Below here opens a move toward
the 1.33 handle, ahead of the Apr 17 low at 1.3275.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.