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TECHS: Improved Oil Underpins CAD.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Improved Oil Underpins CAD
Improved oil prices underpinned CAD with a move back under 1.35. Despite this
consolidation remains the theme with downside focus on the 200-hma at 1.3477,
below here opens the May 27 low & 50-dma at 1.3430/19. Bulls look to clear the
recent range highs at 1.3565 to extend the uptrend. Above here opens a run at
the 1.36 level, ahead of the Jan 3 high at 1.3655.

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