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TECHS: Weaker Tone *RES 4: 1.4262.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Weaker Tone
*RES 4: 1.4262 High Apr 6
*RES 3: 1.4143 High Apr 7
*RES 2: 1.4082 High Apr 8 and key near-term resistance
*RES 1: 1.4009 High Apr 10
*PRICE: 1.3910 @ 06:22 BST Apr 15
*SUP 1: 1.3856 Low Apr 13
*SUP 2: 1.3812 50.0% retracement of the Jan 20 - Mar 19 rally
*SUP 3: 1.3798 50-day EMA
*SUP 4: 1.3734 Low Mar 16
USDCAD maintains a weaker tone. A bearish focus follows the sharp move lower
between Mar 19 - 27 that confirmed a top at 1.4668, Mar 19 high. On Monday,
1.3922, Mar 27 low was cleared confirming a resumption of the current downtrend.
The move lower has opened 1.3812 next, 50.0% of the Jan 20 - Mar 19 rally. On
the upside, initial firm resistance is seen at 1.4082, Apr 9 high. A break of
this level would ease the current bearish threat.

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