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TECHS: Healthy above 1.3016: *RES.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Healthy above 1.3016:
*RES 4: 1.3355 61.8% retracement of the May 31-Jul 19 decline
*RES 3: 1.3257/86 55-dma / High Jun 20
*RES 2: 1.3226 3% Upper Bollinger Band and Low Jun 10
*RES 1: 1.3199 High Jul 26
*PRICE: 1.3173 @ 05:05 GMT Jul 29
*SUP 1: 1.3107 200-hma
*SUP 2: 1.3016/15 Low Jul 19 / Low Oct 25 2018
*SUP 3: 1.3000 Psychological round number
*SUP 4: 1.2990 100-wma / 76.4% of the rally between Oct 1-Dec 31, 2018
USDCAD holds onto recent gains and maintains a bullish tone following last
week's break above 1.3144/45. Further gains are seen likely with attention on
1.3226 next. Momentum is firmer reinforcing the current developing bullish
theme. Strong short-term support has been defined at 1.3116. A failure to hold
above this support would expose 200-hma at 1.3107 and the recent ytd lows at
1.3016

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