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TECHS: Bulls in Control USDCAD........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bulls in Control
USDCAD breached the 1.35 level yesterday for the first time since June 2017,
before post FOMC dollar sales pared gains. The bullish trend remains intact with
topside focus on the Eq move C$1.3160-1.3445 on C$1.3254 & Jun 2 2017 highs at
1.3539/47, a break opens the 1.618% swing target of C$1.3445-1.3254 at 1.3563.
For bears to regain control, a downside break of channel base support & the
21-dma at 1.3385/37 is required, shifting momentum to the Nov 16 low at 1.3127,
ahead of the 100-dma at 1.3116.

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