TECHS: $1.2116 Projection Target......>

DOLLAR-CANADA: TECHS: $1.2116 Projection Target Protects 50% Fibo Level

*RES 4: $1.2336 Sep 5 low, now resistance

*RES 3: $1.2252 Hourly recovery high Sep 6

*RES 2: $1.2220 Hourly basing Sep 6, now resistance

*RES 1: $1.2170/80 Hourly resistance

*PRICE: $1.2130 @1547GMT

*SUP 1: $1.2116 1.618 pro'n of $1.2779-$1.2441 from $1.2663

*SUP 2: $1.2050 50% Fibo of 0.9408-$1.4692

*SUP 3: $1.2015 May 18 2015 low

*SUP 4: $1.1940 May 4 2015 low

*COMMENTARY* Has fallen sharply, losing support from $1.2280 initially and then

the lower 2% volatility band, at $1.2170 by time today. This is not normally a

long lived situation so caution advised. The fall now approaching the 1.618

projection target at $1.2116. Any lower and have to start looking at the 50%

Fibo retrace level at $1.2050. This of the rise seen between July 2011 and Jan

2016. Resistance falls to$1.2170-$1.2220.