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TECHS: Bullish Focus Remains Intact...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bullish Focus Remains Intact
*RES 4: 1.3833 High May 29
*RES 3: 1.3752 50-day EMA
*RES 2: 1.3715 Low May 29
*RES 1: 1.3686 High Jun 15 and intraday bull trigger
*PRICE: 1.3583 @ 10:50 BST Jun 19
*SUP 1: 1.3505 Low Jun 16
*SUP 2: 1.3398 Low Jun 11 and key near-term support
*SUP 3: 1.3316 Low Jun 10 and bear trigger
*SUP 4: 1.3267 Low Feb 25
USDCAD is unchanged. Last week's bounce off 1.3316 continues to highlight a
bullish backdrop. The candle pattern on Jun 10 was a doji, suggesting a base may
have been established at 1.3316. This was reinforced last Thursday with a second
candle pattern, a bullish engulfing reversal. If correct, the patterns highlight
a trend reversal suggesting further gains are likely near-term. Initial key
support lies at 1.3398, Jun 11 low.

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