TECHS: Bullish outlook remains in.....>

DOLLAR-CANADA: TECHS: Bullish outlook remains in place:

*RES 3: 1.3527 High Jun 3

*RES 2: 1.3485 76.4% retracement of the 1.3565-1.3225 decline

*RES 1: 1.3435 61.8% retracement of the 1.3565-1.3225 decline

*PRICE: 1.3379 @ 09:10 GMT June 19

*SUP 1: 1.3365 Intraday low thus far

*SUP 2: 1.3323 Low Jun 14, the last standard line candle pattern

*SUP 3: 1.3273 Low Jun 12

USDCAD's pullback yesterday has not at least yet, developed into a significant

threat for bulls. In the short-term, the upside remains favoured, but this may

deteriorate should USD/CAD fall back below 1.3350. To the upside, the focus is

on the 61.8% retracement of the 1.3565-1.3225 downleg at 1.3435. A break of this

level would open 1.3485 next. From a broader perspective, USDCAD has traded in a

choppy manner this year. As a result, there is no dominant trend so the

potential for gains is being viewed merely as a short-term recovery.