A slight retrenchment following a significant upside breakout on the charts is notsurprising. However, the talking heads in the press have spun the Chinese data into a negative because of overalltrade levels were smaller. On the other hand, seeing strong Iron Ore and copper imports into China suggests theeconomy is still moving forward and that should eventually underpin the Canadian and help it carve moresustained gains on its charts. Remain bullish toward the June Canadian as long as it manages to hold above the91.51 support level on its charts.
