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TECHS: Make Or Break BoC Governor.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Make Or Break
BoC Governor Poloz remarks pressured USDCAD back through 1.31 to put the bull
flag formation in danger. A close below 1.3105 would shift focus back to the
downside and bring the Oct 25 low into view at 1.3015. Below here opens the 50%
retracement of the recent uptrend at 1.2977, ahead of the 200-dma at 1.2939. A
close above 1.3105 keeps the bull flag alive, targeting the Oct 31 high at
1.3170, ahead of the Sep 6 high at 1.3226.

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