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TECHS: Bull Flag: *RES 4: 1.3501......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bull Flag:
*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: 1.3317 @ 04:58 GMT Oct 9
*SUP 1: 1.3266 50% of the Oct 2 range
*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
USDCAD bounced modestly Tuesday, proving the 200-dma remains decent support for
now. The outlook is focused on gains following last weeks move higher on Oct 2.
This day marked a bullish breakout that appears still to have the legs for an
extension higher. Furthermore, the past few trading sessions appear to be a bull
flag, a continuation pattern that reinforces the current outlook. Attention is
on 1.3383, Sep 3 high while key support is 1.3206

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