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TECHS: Grinding Higher USDCAD has.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Grinding Higher
USDCAD has reversed all of Thursday's pullback yesterday before running into
resistance at Thursday's high of 1.3245. Falling oil prices have helped to keep
the broad bull trend intact with the focus on the June ytd high at 1.3386. A
break above here would open the bull flag breakout target up at 1.3500. Up
trendline support from the Oct 1 low and the 21-dma at 0.3277/72 continue to
hold firm and bears would need a break below last Friday's low at 1.3127 to
regain the upper hand and open the 100-dma at 1.3072.

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