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TECHS: Crosses Could Underpin.........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Crosses Could Underpin
USDCAD's rally off the 100-dma has lacked bite, despite this it's worth noting
of the golden cross formations in AUDCAD (confirmed) & EURCAD (pending) which
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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