CAD Mid-day Analysis

The Canadian is trying to hook up this morning and there would appear to be the data tolaunch the currency into an upside breakout. In fact, given some slack US scheduled data later this morning andgiven that news will follow in the footsteps of improved Chinese factory order results last night that should give thebull camp the resolve to push the Canadian Dollar up to the highest levels since the big washout day of July 11th.Hopefully, support in the September Canadian after today will be 93.26 and the market will be in the process ofretesting the bottom of the early July consolidation lows up at 93.51.