TECHS: Still Looking For An Upside....>

DOLLAR-CANADA: TECHS: Still Looking For An Upside Break

*RES 4: 1.3300 High Oct 11

*RES 3: 1.3240 High Oct 15

*RES 2: 1.3212 High Oct 17

*RES 1: 1.3199/1.3208 100-DMA / High Oct 30

*PRICE: 1.3148 @ 06:00 GMT Nov 5

*SUP 1: 1.3130 Low Nov 4

*SUP 2: 1.3075 Low Oct 30

*SUP 3: 1.3042 Low Oct 29 and initial key support

*SUP 4: 1.3016 Low Jul 19 and major support

USDCAD maintains a bullish outlook following last weeks rebound and despite the

recent pullback. The move higher last week highlights a potential base and

reversal at the Oct 29 low of 1.3042. |The reversal is significant given it

occurred ahead of the primary support at 1.3016, Jul 19 low. Key short-term

resistance is at 1.3208, Oct 30 high where a break would extend the bounce and

open 1.3240. Support lies at 1.3075.