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TECHS: Unable To Cling To Gains.......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Unable To Cling To Gains Above 1.34
USDCAD hit as highs as 1.3403 yesterday, matching the April 5 high but failing
to sustain the break above 1.34 to see prices move back into the middle of the
recent range. Bull need a close above 1.34 to bring the double-top area back
into view at 1.3465/70, ahead of the Jan 4 high at 1.3496. On the downside, a
break of the 55-dma at 1.3299 would shift the outlook bearish and open the March
19 low & triangle base at 1.3251/21.

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