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TECHS: Bullish Breakout The bullish...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bullish Breakout
The bullish breakout through channel top & 55-dma resistance confirms the trend
with four consecutive up days and gains of over 2%. Bulls target the July 20
high at 1.3290, a break here opens the potential of a rally to 1.34. Bears need
a break of 1.2900 to re-establish the downtrend and target the 200-dma and
channel base support at 1.2849/46. Below here opens the May 22 low at 1.2743.

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