Like the Pound, the Canadian remains in favor. We suspect that the recent chain of gainsin Chinese equities, positive industrial output readings from the Euro zone and soaring energy prices areproviding the Canadian a lift from several different themes. Unless US data is really strong we would not expectthe Canadian to be derailed by a slow and consistent hard won gains on its charts. Support in the June Canadianmoves up to 91.89 and resistance isn’t seen until the 92.21 level.
