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TECHS: Eyeing Key Resistance: *RES....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Eyeing Key Resistance:
*RES 4: 1.3501 1.00 projection of Jul 19 - Sep 3 rally from Sep 10 low
*RES 3: 1.3432 High Jun 18
*RES 2: 1.3383 High Sep 3 and key resistance
*RES 1: 1.3348 High Oct 3
*PRICE: 1.3328 @ 05:21 GMT Oct 4
*SUP 1: 1.3206 Low Sep 13 and Oct 2 / Key near-term support
*SUP 2: 1.3177 Low Sep 12
*SUP 3: 1.3134 Low Sep 10 and major support
*SUP 4: 1.3106 Low Jul 31
USDCAD remains firm following Wednesday move higher that saw of host of key
resistance levels cleared. This marks a bullish breakout that appears to have
given the uptrend the legs for an extension higher. Importantly, support at
1.3206 held this week reinforcing the current bullish tone. Attention is on
1.3383, Sep 3 high where a break would confirm a resumption of the broader
uptrend that began off the Jul 19 low. Key support lies at 1.3206.

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