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TECHS: Cross Flow Could Underpin......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Cross Flow Could Underpin
USDCAD's rally off the 100-dma has lacked bite, despite this golden cross
formations in AUDCAD (confirmed) & EURCAD (pending) could prove supportive.
Bulls target a break of the 50-dma at 1.3350, above here opens broken channel
base support-turned-resistance at 1.3558. The 100-dma at 1.3189 remains key
focus for bears to extend the recent downtrend. Below here brings the Dec 3 low
at 1.3160 into view, ahead of the 61.8% retracement level & 200-dma at
1.3120/3092.

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