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USDCAD closed below the 200-dma.......>

DOLLAR-CANADA
DOLLAR-CANADA: USDCAD closed below the 200-dma (C$1.3157) on Friday for the
first time since early Feb. As renewed US-China trade optimism underpinned risk
appetite overnight, CAD extended gains to C$1.3122 before meeting support from
the 61.8% fibo of C$1.2783-1.3665 at 1.3120. Expect further support on approach
to the C$1.31 level, ahead of the ytd low at C$1.3069.  

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