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

DOLLAR-CANADA: TECHS: Remains Vulnerable

*RES 4: 1.3626/46 50-day EMA / High Jul 14 and key near-term resistance

*RES 3: 1.3600 High Jul 20

*RES 2: 1.3537 High Jul 21

*RES 1: 1.3491 Low Jul 9

*PRICE: 1.3423 @ 10:49 BST Jul 24

*SUP 1: 1.3351 Low Jul 23

*SUP 2: 1.3316 Low Jun 10 and bear trigger

*SUP 3: 1.3235 Low Feb 24

*SUP 4: 1.3267 Low Feb 25

USDCAD remains vulnerable. Price action has this week cleared the key near-term

support at 1.3486, Jun 23 low. This confirmed the end of the broad sideways move

that had dominated since mid-June. The former support at 1.3398 Jun 11 low has

also been cleared, reinforcing the bearish threat. The clear break opens the

primary support at 1.3316, Jun 10 low where a break would open 1.3202, Feb 21

low. Resistance is at 1.3491, Jul 9 low.