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TECHS: Weekly Highs Intact USDCAD.....>

DOLLAR-CANADA: TECHS: Weekly Highs Intact
USDCAD has been unable to extend recovery gains through Tuesday's high & 50%
retracement at 1.3374/76, keeping the near term outlook neutral. A break above
here is needed to open a run at the 1.34 level, ahead of the double-top
resistance area at 1.3465/70. Bears need to clear the Apr 3 low & 50-dma at
1.3296/88 to extend the downtrend, a break opens the Mar 19 low & 50% fibo of
1.2783-1.3665 at 1.3251/24.

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