The Canadian remains pinned to new high ground and that is largely the result of a lack ofcompetition from the Pound, Yen and Dollar. One has to think that part of the rise in the Canadian this week wasindirectly the result of favorable Chinese economic data and part of the strength has come from residual strengthin metals and last week’s gains in energy prices. Near term support in the September Canadian moves up to92.82 and resistance isn’t seen until an old gap area up at the 93.20 level.
