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TECHS: $1.2633-$1.2650 Within Sight...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: $1.2633-$1.2650 Within Sight As Rally Continues
*RES 4: $1.2762 76.4% Fibo of $1.2921-$1.2249
*RES 3: $1.2689 1% volatility band, Feb 9 high
*RES 2: $1.2650 Feb 14 high
*RES 1: $1.2633 76.4% Fibo of $1.2689-$1.2450
*PRICE: $1.2608 @1710GMT
*SUP 1: $1.2575/85 Hourly support
*SUP 2: $1.2557 Hourly base Feb 19 
*SUP 3: $1.2523/28 Hourly base Feb 16, Feb 19 low
*SUP 4: $1.2490 Initial recovery high Feb 16, now support
*COMMENTARY* The bearish 'Doji' candle close on Feb 9 produced a $1.2689-$1.2450
setback over the course of the last week, before some near term oversold
conditions have appeared and allowed some recovery. The latest rise through
$1.2605 now sees the 76.4% Fibo retrace at 1.2633 as the next barrier ahead of
the Feb 14 high at $1.2650. Meanwhile, $1.2585-$1.2557 provides a decent near
term support pillow, only below the latter will concern again. 

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