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TECHS: Bulls Still Need To Overcome...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Bulls Still Need To Overcome 1.32 
USDCAD's dip found some support at its 55-dma as bulls continue to look for a
close above the 1.32 level which has proven difficult to overcome in recent
trading. A close above here is needed before challenging the July 20 high at
1.3290. A break above here opens the potential of a rally to 1.34 and beyond as
the bull flag plays out. Bears need a break of 1.2900 to re-establish the
downtrend and target the 200-dma and channel base support at 1.2857/46.

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