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TECHS: Bulls Defend 1.32 Bears........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bulls Defend 1.32
Bears managed to briefly break below the 1.32 level yesterday but failed to
cling to losses as broad based dollar gains resumed. Bulls now look for a close
back above the Feb 2 high at 1.3329 to reignite upside momentum and target the
Jan 24 high at 1.3375 and beyond. Bears target a downside break of the 200-dma
at 1.3144, ahead of up trendline support & the ytd low at 1.3079/69. 

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