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TECHS: Uptrend Intact Despite Weak....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Uptrend Intact Despite Weak Close
USDCAD hit fresh cycle highs yesterday but failed to take out the 1.3386 YTD
highs before the pair fell into the close on dovish comments from Powell. 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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