Techs: Fresh YTD lows likely: *RES....>

DOLLAR-CANADA: Techs: Fresh YTD lows likely:

*RES 4: 1.3226 Low Jun 10

*RES 3: 1.3196 High Jun 26

*RES 2: 1.3144/45 High Jul 10 / High Jul 1 and key resistance

*RES 1: 1.3077 200-hma and 100-hma

*PRICE: 1.3030 @ 05:06 GMT Jul 15

*SUP 1: 1.3018 Low Jul 12 and YTD low

*SUP 2: 1.3015 Low Oct 25 2018

*SUP 3: 1.3000 Psychological round number

*SUP 4: 1.2990 100-wma

USDCAD resumed the longer-term downtrend last week. The rejection off the key

1.3145 area on Jul 10 witnessed a sharp retracement, resulting in a move to

fresh ytd lows of 1.3018. This paves the way for a move towards the

psychological 1.3000 level, a break would expose the 100-wma at 1.2990. As long

as resistance defined at the recent high of 1.3144/45 on Jul 1 and Jul 10 holds,

the outlook in USDCAD is bearish.