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TECHS: Fails Above 1.3100 USDCAD......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Fails Above 1.3100
USDCAD gained traction with a move back above 1.3100, failure to extend through
yesterday's area of highs (1.3120) has seen the rate drift back under 1.3100.
Bulls need a close above 1.3120 for renewed confidence and challenge the July 24
high at 1.3191. 1.3100 provides the first area of support, a break below 1.2962
(Aug 7 low/100-dma) is needed to trigger renewed bearish signals and a deeper
correction to the June 6 low at 1.2859.

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