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TECHS: Bull Flag Under Pressure?......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bull Flag Under Pressure?
USDCAD breached broken trendline resistance turned support with the correction
extending back through 1.31 to put the bull flag formation under pressure. A
close below here returns focus back to the downside with the 100-dma at 1.3078 &
Oct 25 low at 1.3015. The Oct 26 high provides the next upside target at 1.3159,
above which opens the Sep 6 high at 1.3226, ahead of the ytd June highs at
1.3386.

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