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TECHS: USDCAD is rallying sharply.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: USDCAD is rallying sharply higher post BOC and has cleared
resistance at 1.3109. The move higher today has reinforced the potential
significance of yesterday's candle pattern, a bullish engulfing reversal. This
has highlighted a potential base at yesterday's low of 1.3042 and is significant
given the reversal has occurred ahead of the primary support at 1.3016, Jul 19
low. The pair is through resistance at 1.3146, the break opens 1.3159 and
potentially 1.3195, both retracement levels.

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