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USDCAD based ahead of trend-line......>

DOLLAR-CANADA
DOLLAR-CANADA: USDCAD based ahead of trend-line support off the Oct 1 low at
C$1.3213 yesterday, before a sharp fall in oil prices following President
Trump's tweet aided the recovery to close back above the 200-dma (C$1.3160). The
broader risk-off theme on on India-Pakistan tensions, as well as controversies
surrounding Huawei keeps CAD on the defensive at the European crossover with a
move through C$1.32. This brings down trendline resistance & 100-dma into view
at C$1.3255/60, above here opens the Feb 19 high & 38.2% fibo of C$1.3665-1.3069
at C$1.3281/97.
- CADJPY trades back under the 100 & 200-dma's to Y83.85.   

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