TECHS: Looking for a 1.3300+ close:...>

DOLLAR-CANADA: TECHS: Looking for a 1.3300+ close:

*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: 1.3310 High Sep 18 and bull trigger

*PRICE: 1.3276 @ 16:06 GMT Sep 23

*SUP 1: 1.3241 Low Sep 18

*SUP 2: 1.3206 Low Sep 13

*SUP 3: 1.3177 Low Sep 12

*SUP 4: 1.3134 Low Sep 10 and key support

The recovery in USDCAD established off the low of Sep 10 remains intact. Focus

for bulls remains on the potential for a close above 1.3300 and clearance of

1.3310. This would further cement the bullish outlook and open 1.3345, the high

of Sep 4 and 1.3383, Sep 3 high. Momentum studies continue to point north and

moving average studies are bullish too. Support has been defined at 1.3206, Sep

13 low. A breach would re-open 1.3134, Sep 10 low instead.