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TECHS: Extends The Upside *RES 4:.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Extends The Upside
*RES 4: 1.3383 High Sep and key resistance
*RES 3: 1.3348 High Oct 3
*RES 2: 1.3300 High Oct 11
*RES 1: 1.3256 Intraday high
*PRICE: 1.3252@ 10:45 GMT Nov 12
*SUP 1: 1.3172 Low Nov 8
*SUP 2: 1.3115 Low Nov 5 and key near-term support
*SUP 3: 1.3075 Low Oct 30
*SUP 4: 1.3042 Low Oct 29 and initial key support
USDCAD continues to push higher with a bullish outlook intact. This follows last
weeks rally off 1.3115, Nov 5 low and maintains the broader move higher off the
Oct 29 low of 1.3042. The reversal off 1.3042 was significant given it occurred
ahead of the primary support at 1.3016, Jul 19 low. The former key short-term
resistance and bull trigger of 1.3208, Oct 30 high has been cleared, attention
is on 1.3300 next. Initial support is at 1.3172.

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