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May 06, 2019 03:54 GMT

TECHS: Uptrend Threatens To Extend....>

Stuart Allsopp

DOLLAR-CANADA

DOLLAR-CANADA: TECHS: Uptrend Threatens To Extend

Lower oil prices on the back of renewed trade fears have seen USDCAD recover

Friday's losses to put the focus back on the 1.3480 level which has proven

difficult to close above of late. Above here opens the April 24 high at 1.3521

while a move north of here shifts targets to the 1.36 handle. Bears need to

break back below 1.34 to return the focus to the May 1 low at 1.3377 and the

April 22 low at 1.3336.

Markets Foreign Exchange News

Stuart Allsopp

Markets Foreign Exchange News

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