USD/CAD last C$1.3352 after closing...>

DOLLAR-CANADA: USD/CAD last C$1.3352 after closing 60 pips or so higher Tuesday,

as WTI declined amidst worries re: global demand, dragging CAD lower.

Disappointing Canadian wholesale & m'fing sales prints added some further

pressure on CAD. 

- Meanwhile, Sino-Canadian relations remain strained, as the Huawei CFO drama

unfolds. Yesterday, the U.S. Justice Department confirmed it will pursue the

extradition of Huawei's CFO Meng's arrest while Canada's Foreign Min Freeland

told BBG that Ottawa hasn't asked Washington to drop its case. 

- On the topside, a break above the 50-DMA at C$1.3362 would suggest the

resumption of an uptrend and open up the 21-DMA at C$1.3389. Conversely, bears

look to yesterday's low of C$1.3294, ahead of the Jan21 low of C$1.3252. 

- Canadian focus turns to domestic retail sales due later today.