TECHS: Continues To Climb *RES 4:.....>

DOLLAR-CANADA: TECHS: Continues To Climb

*RES 4: 1.3205 High Dec 13

*RES 3: 1.3181 High Dec 20 and key resistance

*RES 2: 1.3103 Low Dec 18

*RES 1: 1.3070 High Dec 31

*PRICE: 1.3052 @ 10:47 GMT Jan 9

*SUP 1: 1.2976 Low Jan 8

*SUP 2: 1.2952 Low Dec 31 and bear trigger

*SUP 3: 1.2917 Low Oct 16

*SUP 4: 1.2857 Low Oct 4, 2018

USDCAD maintains a firmer intraday tone following this week's gains. The pair

has cleared key near-term resistance at 1.3042 suggesting a potential base for

now at the recent 1.2952 low, Dec 31. The close above 1.3042 is promising and

has opened a recovery toward 1.3070, Dec 31 high where a break would open the

1.3100 handle and potentially the 50-dma at 1.3176. A return below 1.2952 would

instead resume the downtrend and open 1.2917, Oct 16 low, 2018.