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TECHS: Bullish Breakout USDCAD's......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bullish Breakout
USDCAD's close above its 50-dma and down trendline resistance from the Jan 24
high has triggered a bullish break suggesting a resumption of the broader
uptrend. This brings the 50% retracement of 1.3665-1.3069 & Jan 24 high into
view at 1.3367/75, ahead of a run at the 1.34 level. Bears need a close below
the 100-dma at 1.3272 to put the focus back on the 1.32 area & 200-dma at
1.3167.

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