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TECHS: Rangebound Wednesday trade.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Rangebound
Wednesday trade was particularly quiet, providing few fresh technical signals.
Following two dojis on Friday and Monday, USDCAD attempted to break lower
Tuesday, trading below the 100-dma for the first time since March 1 and finding
support on the up trendline at 1.3251. However, the downside momentum was not
maintained and USDCAD closed back in its recent 1.3300-50 range. The focus now
shifts to the upside as bulls look for a close above 1.34 to put the focus back
on the Mar 6 high at 1.3468, ahead of the Jan 4 high at 1.3496. 

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