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TECHS: Bullish Theme Remains Intact...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bullish Theme Remains Intact
*RES 4: 1.3383 High Sep 3
*RES 3: 1.3331 61.8% June - Dec decline
*RES 2: 1.3328 High Nov 20 and key resistance
*RES 1: 1.3304 High Feb 3
*PRICE: 1.3294 @ 16:38 GMT Feb 5
*SUP 1: 1.3227 Low Jan 3
*SUP 2: 1.3191 Low Jan 30
*SUP 3: 1.3155 Low Jan 28 and 29
*SUP 4: 1.3108/05 Trendline support drawn off the Jan 7 low / High Jan 9
USDCAD remains in a firm uptrend following Monday's sharp rally and is holding
onto recent gains. The pair has tested the 1.3300 handle and with bullish
conditions firmly in place, attention turns to key resistance at the Nov 20 high
of 1.3328. Support is seen at 1.3227 initially, Monday's low ahead of 1.3191,
the Jan 30 low. A break of the latter would dent the current impulsive bullish
theme.

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