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DOLLAR-CANADA: TECHS: Uptrend Extends
*RES 4: 1.3328 High Nov 20 and key resistance
*RES 3: 1.3298 High High Dec 4
*RES 2: 1.3270 High Dec 6
*RES 1: 1.3245 Intraday high
*PRICE: 1.3225 @ 17:07 GMT Jan 31
*SUP 1: 1.3191 Intraday low
*SUP 2: 1.3155 Low Jan 28 and 29
*SUP 3: 1.3105 High Jan 9 and former breakout level
*SUP 4: 1.3086 Trendline support drawn off the Jan 7 low
USDCAD remains firm and traded higher again Friday climbing to new 2020 highs.
Recent gains have erased the resistance band at 1.3186/3205, the Dec 16 and 13
highs respectively. The clear breach of this zone opens 1.3270, Dec 6 high and
extends January's bullish performance. Support is at 1.3155, the Jan 28 and 29
low ahead of 1.3105, Jan 9 high and the former breakout level. A break of the
latter would threaten the bullish theme.