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

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Resistance-Turned-Support Holding
USDCAD was extended gains following the break above down trendline resistance at
1.3110 (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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