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TECHS: Remains Under Pressure *RES....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Remains Under Pressure
*RES 4: 1.3240 High Oct 15
*RES 3: 1.3212 High Oct 17
*RES 2: 1.3146 High Oct 18 and key near-term resistance
*RES 1: 1.3109 High Oct 23
*PRICE: 1.3055 @ 16:38 GMT Oct 28
*SUP 1: 1.3050 Low Oct 28
*SUP 2: 1.3041 Low Jul 22
*SUP 3: 1.3016 Low Jul 19 and major support
*SUP 4: 1.2991 76.4% October 2018 - January 2019 Rally
Rate remains heavy. The past few weeks' sell-off continues to weigh and with
momentum also in a downward spiral, further weakness is seen likely near-term.
Attention is on key support at 1.3016, Jul 19 low. On the upside, firm S/T
resistance is at 1.3146. Note, Thursday candle pattern is a doji. This signals
some indecision amongst traders and is a potential basing signal. We continue to
monitor this pattern.
MarketsForeign Exchange Bullets
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