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TECHS: Marginally Weaker *RES 3:......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Marginally Weaker
*RES 3: 1.3383 Sep 3 high and key resistance
*RES 2: 1.3348 High Oct 3
*RES 1: 1.3328 High Nov 20
*PRICE: 1.3285 @ 17:05 GMT Nov 27
*SUP 1: 1.3255 Low Nov 22
*SUP 2: 1.3191 Low Nov 19 and key near-term support
*SUP 3: 1.3172 Low Nov 8
USDCAD traded softer for much of the European session before finding support
ahead of the Nov22 low of 1.3255. An engulfing candle pattern on Nov 19
highlighted a resumption of the uptrend resulting in a break of 1.3271, Nov 14
high to maintain the sequence of higher highs and higher lows in the trend that
began on Oct 29. A break above 1.3328, Nov 20 high would resume the uptrend and
open 1.3348, the Oct 3 high next and 1.3383, Sep 3 high. Initial support lies at
1.3255, Nov 22 low.

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