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TECHS: Probing for a clean break of...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Probing for a clean break of 1.3300:
*RES 3: 1.3355 61.8% retracement of the May 31-Jul 19 decline
*RES 2: 1.3313/15 Cloud top/Intraday high
*RES 1: 1.3305/08 200-dma/100-dma
*PRICE: 1.3291 @ 06:03 GMT Aug 07
*SUP 1: 1.3229/26/05 55-dma/100-hma/50-dma
*SUP 2: 1.3178 Low Aug 05
*SUP 3: 1.3106 Low Jul 31
Bulls failed to consolidate a break above 1.3300 overnight, and now target a
move back above the 200- & 100-dmas, as well as the intraday high, as a result.
Bears ideally need a leg below the Aug 05 low, which would open the Jul 19 ytd
low at 1.3016, ahead of round number support at 1.30.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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