TECHS: Bullish Focus *RES 4: 1.3300...>

DOLLAR-CANADA: TECHS: Bullish Focus

*RES 4: 1.3300 High Oct 11

*RES 3: 1.3240 High Oct 15

*RES 2: 1.3212 High Oct 17

*RES 1: 1.3208 High Oct 30 and bull trigger

*PRICE: 1.3185 @ 05:58 GMT Nov 8

*SUP 1: 1.3115 Low Nov 5

*SUP 2: 1.3075 Low Oct 30

*SUP 3: 1.3042 Low Oct 29 and initial key support

*SUP 4: 1.3016 Low Jul 19 and major support

USDCAD recovered this week off Tuesday's 1.3115 low. The outlook remains

bullish. This follows last weeks reversal at the Oct 29 low of 1.3042. The

reversal is significant given it occurred ahead of the primary support at

1.3016, Jul 19 low. The key short-term resistance and bull trigger is 1.3208,

Oct 30 high. A break would open 1.3240. On the downside, initial support has

been defined at 1.3115.