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TECHS: Maintaining Bearish Breakout...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Maintaining Bearish Breakout
USDCAD rebounds have been limited keeping the bearish technical picture intact.
Failure to extend gains back above the 1.3112 level will keep the bearish
picture intact pointing to a move below the 1.3022 lows and the 1.30 level. The
next support is clustered in the 1.2814 area. Intra-day momentum indicators are
giving fresh bearish signals.

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