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TECHS: Treading Water USDCAD..........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Treading Water
USDCAD continues to trade in a tight range with bears looking for a close below
1.3100 to shift the focus lower bringing the Oct 25 low into view at 1.3015.
Below here opens the 50% retracement of the recent uptrend at 1.2977, ahead of
the 200-dma at 1.2952. The broader bullish picture remains intact above 1.31 and
bulls target the Oct 31 high at 1.3170 to return the focus to the bull flag
breakout target.

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