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TECHS: Remains Vulnerable *RES 4:.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Remains Vulnerable
*RES 4: 1.3300 High Oct 11
*RES 3: 1.3240 High Oct 15
*RES 2: 1.3212 High Oct 17
*RES 1: 1.3146 High Oct 18 and key near-term resistance
*PRICE: 1.3098 @ 09:39 GMT Oct 23
*SUP 1: 1.3071 Low Oct 22
*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
USDCAD extended the current downleg once again yesterday and remains vulnerable.
The recent breach of key support at 1.3134, Sep 10 low continues to weigh. With
momentum studies also in a downward spiral, further weakness is seen likely
near-term with the focus on 1.3016, Jul 19 low. On the upside, firm short-term
resistance is at 1.3146. The trigger for a resumption of weakness is at
yesterday's low of 1.3071.

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