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TECHS: Clears Resistance *RES 4:......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Clears Resistance
*RES 4: 1.3383 High Sep and key resistance
*RES 3: 1.3348 High Oct 3
*RES 2: 1.3300 High Oct 11
*RES 1: 1.3240 High Oct 15
*PRICE: 1.3223 @ 17:20 GMT Nov 8
*SUP 1: 1.3144 Low Nov 6
*SUP 2: 1.3115 Low Nov 5 and key near-term support
*SUP 3: 1.3075 Low Oct 30
*SUP 4: 1.3042 Low Oct 29 and initial key support
USDCAD has been bid for most of the day extending this weeks recovery off
Tuesday's 1.3115 low. The outlook is bullish. This follows last weeks reversal
at the Oct 29 low of 1.3042. The reversal is significant given it occurred ahead
of the primary support at 1.3016, Jul 19 low. The key short-term resistance and
bull trigger is 1.3208, Oct 30 high. A break would open 1.3240. On the downside,
key support has been defined at 1.3115.

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