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TECHS: Formed a base?: *RES 4:........>

DOLLAR-CANADA: TECHS: Formed a base?:
*RES 4: 1.3355 61.8% retracement of the May 31-Jul 19 decline
*RES 3: 1.3313 Cloud top
*RES 2: 1.3304/09 200-dma/100-dma
*RES 1: 1.3286 High Jun 20
*PRICE: 1.3245 @ 09:23 GMT Aug 05
*SUP 1: 1.3214 50-dma
*SUP 2: 1.3196/92 100-hma/Intraday low
*SUP 3: 1.3119/06 200-wma/Low Jul 31
*SUP 4: 1.3016/15 Low Jul 19/Low Oct 25, 2018
USDCAD briefly dipped under 1.3200, before forming a base. Clustered resistance
is noted into the June 20 high, with a break above the 200 & 100-dma's at
1.3304/09 needed to reignite upside momentum. Bears look for a quick move back
below the 50-dma & intraday low, before returning the focus to the downside.

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