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TECHS: Holding Above 1.3486 Pivot.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Holding Above 1.3486 Pivot Support
*RES 4: 1.3869 2.0% 10-dma envelope
*RES 3: 1.3802 High Jun 1
*RES 2: 1.3703/16 50-day EMA / High Jun 26 and the bull trigger
*RES 1: 1.3624 High Jul 2
*PRICE: 1.3546 @ 06:17 BST Jul 7
*SUP 1: 1.3520 Low Jul 6
*SUP 2: 1.3486 Low Jun 23 and key near-term pivot support
*SUP 3: 1.3398 Low Jun 11
*SUP 4: 1.3316 Low Jun 10 and bear trigger
USDCAD struggled last week to hold onto recent gains and remains softer for now.
Despite the pullback, a bullish outlook remains intact following the breach on
Jun 26 of resistance at 1.3686, Jun 15 high. This positive sentiment should hold
while support at 1.3486, Jun 23 low remains in place. 1.3716, Jun 26 high is the
trigger for a resumption of strength that would open 1.3802, Jun 1 high. Sub
1.3486 levels would instead expose 1.3398, Jun 11 low.

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