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TECHS: Bullish Focus Remains Intact...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bullish Focus Remains Intact
*RES 4: 1.3409 1.00 projection of Jul 19 - Sep 3 rally from Oct 29 low
*RES 3: 1.3383 Sep 3 high and key resistance
*RES 2: 1.3348 High Oct 3
*RES 1: 1.3328 High Nov 20
*PRICE: 1.3300 @ 10:17 GMT Nov 21
*SUP 1: 1.3263 Low Nov 20
*SUP 2: 1.3191 Low Nov 19 and key near-term support
*SUP 3: 1.3172 Low Nov 8
*SUP 4: 1.3115 Low Nov 5
USDCAD extended the upside Wednesday following Tuesday reversal from just below
1.3200. The sharp recovery resulted in a break above last weeks high of 1.3271.
This negates the recent bearish concern that developed late last week and has
instead reinstated the recovery that started Oct 29. With 1.3300 also cleared,
the focus turns to 1.3348, Oct 3 high next and 1.3383, Sep 3 high. Initial
support is at yesterday's 1.3263 low.

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