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TECHS: Up Trendline Firmly Intact.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Up Trendline Firmly Intact
After hitting fresh cycle highs before falling back on Powell comments on
Wednesday, USDCAD has ground slightly higher today but remains comfortably above
the up trendline support from the Oct 1 lows. A break above 1.3386 would open
the bull flag breakout target up at 1.3500. On the downside, trendline support
from the Oct1 low comes in at 1.3198. Bears need to break below the trendline
and 21-dma which comes in at 1.3200 to challenge the Nov 16 low at 1.3127.

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