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USDCAD currently challenges up........>

DOLLAR-CANADA
DOLLAR-CANADA: USDCAD currently challenges up trendline support off the Feb lows
at C$1.3384, below here brings the 61.8% retracement of the Apr rise into view
at 1.3369. Further support is located at 1.3347/32 from the cloud top & 100-dma.
Last C$1.3387.
- Focus turns to Canadian Retail Sales at 1230GMT. Monthly Retail Sales grew by
0.8% in February while sales excluding autos, parts dealers, and gas stations
rose by 0.6%. Both series are expected to accelerate in March and grow by 1.2%
and 1.4%, respectively.

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