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TECHS: Decent Bounce off..............>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Decent Bounce off Multi-month Lows
*RES 4: 1.3240 High Oct 15
*RES 3: 1.3212 High Oct 17
*RES 2: 1.3146 High Oct 18 and key near-term resistance
*RES 1: 1.3109 High Oct 23
*PRICE: 1.3088 @ 16:27 GMT Oct 29
*SUP 1: 1.3042 Low Oct 29
*SUP 2: 1.3041 Low Jul 22
*SUP 3: 1.3016 Low Jul 19 and major support
*SUP 4: 1.2991 76.4% October 2018 - January 2019 Rally
The pair traded heavily for much of the Tuesday session, striking new
multi-month lows of 1.3042. A decent bounce followed, but the outlook remains
bearish for now. Attention is on key support at 1.3016, Jul 19 low. On the
upside, firm S/T resistance is at 1.3146. The doji candle, Oct 24 alluded to
recently was negated yesterday following the print below 1.3053 . This
reinforces the current bearish theme.

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