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TECHS: Holding Above Support *RES.....>

DOLLAR-CANADA: TECHS: Holding Above Support
*RES 4: 1.3848 2.0% 10-dma envelope
*RES 3: 1.3802 High Jun 1
*RES 2: 1.3673/3716 50-day EMA / High Jun 26 and the bull trigger
*RES 1: 1.3632 High Jul 10
*PRICE: 1.3566 @ 10:36 BST Jul 13
*SUP 1: 1.3491/86 Low Jul 9 / Low Jun 23 and key near-term pivot support
*SUP 2: 1.3398 Low Jun 11
*SUP 3: 1.3316 Low Jun 10 and bear trigger
*SUP 4: 1.3267 Low Feb 25
USDCAD bounced last week off Thursday's 1.3491 low. A bullish stance remains
intact following the breach on Jun 26 of resistance at 1.3686, Jun 15 high. This
positive sentiment requires pivot support at 1.3486, Jun 23 low to remain in
place. 1.3716, Jun 26 high is the key trigger for a stronger resumption of
strength that would open 1.3802, Jun 1 high. Sub 1.3486 levels would instead
expose 1.3398, Jun 11 low and dent the bullish theme.

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