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TECHS: Outlook Remains Bearish........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Outlook Remains Bearish
Friday's consolidation failed to challenge initial resistance, highlighting the
overall bearish picture following the break lower through up trendline support
over the past week. 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. Momentum
indicators are giving fresh bearish signals.

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