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TECHS: Holding The 1.29 Level Bulls...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Holding The 1.29 Level
Bulls managed to recover the 1.2900 level yesterday, holding above the Aug 28
low and keeping clear of the 200-dma at 1.2865. A break below here would be
needed to suggest a large topping pattern is unfolding, opening channel base
support at 1.2792. Bulls look for a break back above the 50-dma at 1.3054 and
50% retracement level at 1.3101 to return the focus to the upside and extend
longer-term gains.

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