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TECHS: Still capped at Aug 7 high:....>

DOLLAR-CANADA: TECHS: Still capped at Aug 7 high:
*RES 4: 1.3452 High Jun 4
*RES 3: 1.3435 76.4% retracement of the May 31-Jul 19 decline
*RES 2: 1.3432 High Jun 18
*RES 1: 1.3345/55 High Aug 7 / 61.8% retracement of the May 31-Jul 19 decline
*PRICE: 1.3318 @ 04:51 GMT Aug 20
*SUP 1: 1.3251 Low Aug 19
*SUP 2: 1.3185/68 Low Aug 13 / cloud base
*SUP 3: 1.3145 61.8% retracement of the Jul 19-Aug 7 rally
*SUP 4: 1.3124/21 50-mma/200-wma
USDCAD rallied yesterday to once again bring into focus key resistance at
1.3345, the high of Aug 7. Clearance of this level would further reinforce a
bullish theme and open 1.3432, allowing for an extension of the uptrend that has
been in place since Jul 19. Two bearish patterns however remain relevant while
1.3345 remains intact. The bearish shooting star candle on Aug 7 and a bearish
engulfing the following day. Initial support lies at 1.3251, yesterday's low.

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