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TECHS: Bullish to Bullish *RES 3:.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bullish to Bullish
*RES 3: 1.3858 3.0% 10-dma envelope
*RES 2: 1.3812 1.618 projection of the Dec 31 - Feb 10 rally from Feb 21 low
*RES 1: 1.3796 High Mar 10
*PRICE: 1.3787 @ 17:07 GMT Mar 10
*SUP 1: 1.3579 61.8% retracement of today's range
*SUP 2: 1.3462 Intraday low
*SUP 3: 1.3380 Low Mar 6
Volatile price action Monday saw USDCAD trade to a high 1.3766 before finding
resistance. Tuesday saw this level topped as markets printed new cycle highs at
1.3796, boosting upside targets higher to 1.3812 and envelope resistance at
1.3858. The extension of the sharp move higher highlights the continued bull
trend and marks an extension of the recovery that has been in place since the
start of the year. The close above 1.3665, the Dec 31, 2018 high marks an
important bullish break and make further gains likely.

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