TECHS: Bull mode: *RES 3: 1.3345......>

DOLLAR-CANADA: TECHS: Bull mode:

*RES 3: 1.3345 High Sep 4

*RES 2: 1.3277 100-dma

*RES 1: 1.3272 Intraday High

*PRICE: 1.3226 @ 15:54 GMT Sep 13

*SUP 1: 1.3177 Low Sep 12

*SUP 2: 1.3134 Low Sep 10

*SUP 3: 1.3106/03 Low Jul 31 / 76.4% retracement of Jul 19 - Sep 3 rally

USDCAD flipped to bull mode Friday, rallying sharply through recent highs on

relatively little news. This leaves the 100-dma as the near-term target sitting

at 1.3277, with the 1.33 handle in the medium-term crosshairs. The close above

the 50-dma this week reinforces the current bullish tone and signals scope for a

correction higher. On the downside, an inability to hold onto recent gains and a

return below 1.3134 would reinstate the bearish case and expose 1.3106, the low

of Jul 31.