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TECHS: $1.2588-1.2628 Resistance......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: $1.2588-1.2628 Resistance Region Key
*RES 4: $1.2628 - Low Dec 27 now resistance
*RES 3: $1.2612 - 100-DMA
*RES 2: $1.2601 - 55-DMA
*RES 1: $1.2565 - High Feb 6
*PRICE: $1.2525 @ 0930GMT
*SUP 1: $1.2492 - Low Feb 6 
*SUP 2: $1.2452 - High Feb 2 now support 
*SUP 3: $1.2399 - Low Feb 5 
*SUP 4: $1.2331 - High Feb 1 now support
*COMMENTARY: The recovery from 2018 lows is now hesitating ahead of the
$1.2588-1.2628 resistance region where 55 & 100-DMAs are situated. Bulls need a
close above $1.2628 to confirm an end to bearish hopes and shift focus to
$1.2767-1.2915 where the 200-DMA ($1.2767) is found. Bears now need a close
below $1.2492 to ease bullish pressure and below $1.2399 to shift initial focus
back to 2018 lows.

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