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TECHS: Uptrend Stalled at 50-dma......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Uptrend Stalled at 50-dma
The USDCAD uptrend stalled just below the the 50-dma at 1.3352 yesterday and the
cross has fallen back a bit this morning. Above here would open the Jan 25 high
and the 50% retracement of 1.2062-1.4690 at 1.3376. The bearish argument will
pick up momentum on a downside break of the 200-dma at 1.3147, ahead of up
trendline support & the ytd low at 1.3079/69.

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