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TECHS: Bullish Reversal USDCAD has....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bullish Reversal
USDCAD has rebounded strongly from the 100-dma at 1.2962, developing a bullish
reversal pattern. The rebound also maintains the bullish trend developed since
January. A break above the 1.3096 level would add to the bullish signals, with
gains through the 1.3116 pivotal level needed to confirm that a sustained
recovery is developing. A break below 1.2962 would now be needed to trigger a
bearish signal.

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