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TECHS: Bull Flag Breakout USDCAD......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bull Flag Breakout
USDCAD printed highs of 1.3233 Friday, before retracing. Despite failing to
cling on to gains, the bullish outlook remains firmly intact with the bull flag
formation pointing towards the June highs. Bears need a close below the 100-dma
at 1.3069 to shift the focus lower bringing the Oct 25 low into view at 1.3015.
Below here lies the 200-dma at 1.2959.

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