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TECHS: Upside in Focus *RES 4:........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Upside in Focus
*RES 4: 1.3409 1.00 projection of Jul 19 - Sep 3 rally from Oct 29 low
*RES 3: 1.3383 Sep 3 high and key resistance
*RES 2: 1.3348 High Oct 3
*RES 1: 1.3328 High Nov 20
*PRICE: 1.3297 @ 16:17 GMT Nov 22
*SUP 1: 1.3263 Low Nov 20
*SUP 2: 1.3191 Low Nov 19 and key near-term support
*SUP 3: 1.3172 Low Nov 8
*SUP 4: 1.3115 Low Nov 5
USDCAD remains bullish following the strong rebound earlier this week. A bullish
engulfing pattern Tuesday highlighted the bullish resumption resulting in a
break of 1.3271, Nov 14 high to maintain the sequence of higher highs and higher
lows in the trend that started on Oct 29. A break above Wednesday's 1.3328 high
would resume the uptrend and open 1.3348 the Oct 3 high next and 1.3383, Sep 3
high. Support is at 1.3263.

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