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ASIA

Coming up in the Asia-Pac session on Monday:

MNI

Coming up in the Asia-Pac session on Monday:

USDCAD TECHS

Consolidation Mode But Remains Bearish

AUDUSD TECHS

Fails To Hold Onto Thursday’s High

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DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Hits Bull Trigger:
*RES 4: 1.3432 High Jun 18
*RES 3: 1.3383 High Sep 3 and key resistance
*RES 2: 1.3345 High Sep 4
*RES 1: 1.3318 Intraday High
*PRICE: 1.3318 @ 16:12 GMT Oct 2
*SUP 1: 1.3206 Intraday low / Low Sep 13 and key near-term support
*SUP 2: 1.3177 Low Sep 12
*SUP 3: 1.3134 Low Sep 10 and key support
*SUP 4: 1.3106 Low Jul 31
USDCAD took out a trio of key resistance levels Wednesday, signalling a bullish
breakout could be underway as the 200-dma, bull trigger and 1.33 handle were
taken out. This reinforces the recovery established off the low of Sep 10 and
opens 1.3345, the high of Sep 4 and 1.3383, Sep 3 high. On the downside, a move
below 1.3206 would instead signal scope for a deeper sell-off.
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