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TECHS: Resistance-Turned-Support......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Resistance-Turned-Support Holding
USDCAD was unable to extend gains following the break above down trendline
resistance at 1.3110, but, this level now acts as support, keeping the bull flag
formation intact. The Oct 26 high provides the next upside target at 1.3159,
above which opens the Sep 6 high at 1.3226, ahead of the ytd June highs at
1.3386. Bears need a move below resistance-turned-support to return the focus
back to the downside and the 100-dma at 1.3077.

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