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TECHS: Support Still Intact *RES 3:...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Support Still Intact
*RES 3: 1.3802 High Jun 1
*RES 2: 1.3669/3716 50-day EMA / High Jun 26 and the bull trigger
*RES 1: 1.3646 High Jul 14
*PRICE: 1.3522 @ 16:38 BST Jul 15
*SUP 1: 1.3520 Low Jul 15
*SUP 2: 1.3491/86 Low Jul 9 / Low Jun 23 and key near-term pivot support
*SUP 3: 1.3398 Low Jun 11
The USDCAD outlook is unchanged, but this will deteriorate on a move below
1.3491/86. The pair bounced last week off Thursday's 1.3491 low. A bullish tone
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 key trigger for a stronger
resumption of gains that would open 1.3802, Jun 1 high. Sub 1.3486 levels would
expose 1.3398, Jun 11 low and dent the bullish theme.

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