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TECHS: Still Holding Above Pivot......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Still Holding Above Pivot Support
*RES 3: 1.3802 High Jun 1
*RES 2: 1.3680/3716 50-day EMA / High Jun 26 and the bull trigger
*RES 1: 1.3624 High Jul 2
*PRICE: 1.3575 @ 17:18 BST Jul 9
*SUP 1: 1.3486 Low Jun 23 and key near-term pivot support
*SUP 2: 1.3398 Low Jun 11
*SUP 3: 1.3316 Low Jun 10 and bear trigger
USDCAD maintains a softer near-term tone, although the pair bounced well into
the close Thursday. Despite the recent pullback though, a bullish stance remains
intact following the breach on Jun 26 of resistance at 1.3686, Jun 15 high. This
positive sentiment requires pivot support at 1.3486, Jun 23 low to remain in
place. 1.3716, Jun 26 high is the trigger for a resumption of strength that
would open 1.3802, Jun 1 high. Sub 1.3486 levels would instead expose 1.3398,
Jun 11 low.

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