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TECHS: Bull Flag Broken: *RES 4:......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bull Flag Broken:
*RES 4: 1.3501 1.00 projection of Jul 19 - Sep 3 rally from Sep 10 low
*RES 3: 1.3432 High Jun 18
*RES 2: 1.3383 High Sep 3 and key resistance
*RES 1: 1.3348 High Oct 3
*PRICE: 1.3283 @ 15:31 GMT Oct 10
*SUP 1: 1.3273 Low Oct 10
*SUP 2: 1.3206 Low Sep 13 and Oct 2 / Key near-term support
*SUP 3: 1.3177 Low Sep 12
*SUP 4: 1.3134 Low Sep 10 and major support
After trading well for much of the week, the pair cracked the bull flag
formation posted since Monday, taking out the 200-dma support in the process.
This shifts focus to downside targets at the 50-dma and 100-dma at 1.3267 and
1.3245 respectively. For bulls to repair the outlook, markets need to take out
1.3346 before returning focus to 1.3383, Sep 3 high.

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