TECHS: Trades Through 1.3400 *RES.....>

DOLLAR-CANADA: TECHS: Trades Through 1.3400

*RES 4: 1.3716 High Jun 26 and the trend reversal trigger

*RES 3: 1.3635/46 50-day EMA / High Jul 14 and key near-term resistance

*RES 2: 1.3600 High Jul 20

*RES 1: 1.3537 High Jul 21

*PRICE: 1.3398 @ 06:29 BST Jul 23

*SUP 1: 1.3316 Low Jun 10 and bear trigger

*SUP 2: 1.3235 Low Feb 24

*SUP 3: 1.3267 Low Feb 25

*SUP 4: 1.3202 Low Feb 21

USDCAD maintains a weaker outlook following this week's selling pressure. Price

action has cleared the key near-term support at 1.3486, Jun 23 low. This

confirmed the end of the broad sideways move that has dominated since mid-June.

Attention turns to 1.3398 Jun 11 low that has been probed this morning. A clear

break would open the primary support at 1.3316, Jun 10 low. Initial resistance

is at 1.3537, Jul 21 high ahead of the key hurdle at 1.3646, Jul 14 high.