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TECHS: Sell-on Rallies Despite........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Sell-on Rallies
Despite rallying off multi-month lows Monday and extending the recovery into the
Tuesday session, the recent downtrend remains intact. Near-term support comes in
at 1.3226/24 from the Jun 10 low & 50% retracement, below here opens a run at
the 1.32 level, ahead of the Feb 20 low at 1.3163. Bulls initially need to
secure the close above the 200-dma, before challenging the cloud base & 100-hma
at 1.3317/29.

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