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TECHS: Probes Key Intraday Support....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Probes Key Intraday Support
*RES 4: 1.3802 High Jun 1
*RES 3: 1.3651/3716 50-day EMA / High Jun 26 and the bull trigger
*RES 2: 1.3646 High Jul 14 and key near-term bull trigger
*RES 1: 1.3600 High Jul 20
*PRICE: 1.3488 @ 11:08 BST Jul 21
*SUP 1: 1.3469 61.8% retracement of the Jun 10-26 rally
*SUP 2: 1.3398 Low Jun 11
*SUP 3: 1.3316 Low Jun 10 and bear trigger
*SUP 4: 1.3235 Low Feb 24
USDCAD traded lower Monday and remains under pressure today. Price action has
probed the key near-term support at 1.3486, Jun 23 low. A clear break would
signal the end of the broad sideways move that has dominated since mid-June.
This would undermine the recent bullish focus and instead open 1.3398, Jun 11
low with primary support at 1.3316, Jun 10 low. Initial resistance is at 1.3600,
Jun 20 high ahead of the key level at 1.3646, Jul 14 high.

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