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TECHS: Bullish Outlook An improving...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bullish Outlook
An improving technical picture is generating bullish momentum on the technical
studies. A close above the 50-dma at 1.3359 would suggest a resumption of the
uptrend with bulls targeting the Jan 7 high at 1.3391, ahead of a run at the
1.34 level. Bears need a close below the 100-dma at 1.3201 to regain control,
targeting the Jan 9 & Dec 3 lows at 1.3180/60. Below here opens a run at the
61.8% retracement & 200-dma at 1.3120/3110.

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