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TECHS: Downside break exposes.........>

DOLLAR-CANADA: TECHS: Downside break exposes 1.3113 and 1.3029:
*RES 4: 1.3432 High Jun 18
*RES 3: 1.3342 20-day EMA
*RES 2: 1.3280 200-DMA
*RES 1: 1.3225 Low Jun 10
*PRICE: 1.3189 @ 08:43 GMT June 21
*SUP 1: 1.3151 Low Jun 20
*SUP 2: 1.3120 61.8% 1.2783 - 1.3665
*SUP 3: 1.3113 Low Feb 25
*SUP 4: 1.3069 Low Feb 1
USDCAD remains heavy for now. The break of the Jun low 1.3225 marks yesterday's
important bearish technical development and continues to weigh on the pair. The
focus is on support at 1.3113 and 1.3069 as initial targets. From a broader
perspective, there is no dominant trend in USDCAD so the potential for gains or
losses are being viewed merely as short-term developments. Initial resistance is
at 1.3225.

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