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TECHS: NAFTA Supporting CAD...........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: NAFTA Supporting CAD Positive NAFTA headlines saw USDCAD
briefly make a show under C$1.2800 for the first time since May, shifting the
outlook bearish. Channel base support provides the next downside hurdle at
1.2792, a break would see a large topping pattern play out. Below here opens
1.2528/19 which represents the Apr 17 low & 76.4% retracement of the 2018 range.
Bulls need to reclaim the 100-dma at 1.3054 to change the short-term outlook,
before challenging the Sep highs at 1.3226.

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