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TECHS: Fails To Breach 1.3000 Bulls...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Fails To Breach 1.3000
Bulls took comfort in the failure to break below the 1.3000 level, with the
subsequent reversal extending to 1.3056. A close above yesterday's 1.3120 high
will be required for renewed confidence and challenge the July 24 high at
1.3191. 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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