TECHS: $1.2666 Loss Would Open Way....>

DOLLAR-CANADA: TECHS: $1.2666 Loss Would Open Way For Deeper Fall

*RES 4: $1.2837 Nov 21 high

*RES 3: $1.2800/05 Hourly congestion Nov 20-21

*RES 2: $1.2776 Nov 22 high

*RES 1: $1.2735/40 Hourly resistance

*PRICE: $1.2710 @1635GMT

*SUP 1: $1.2666 Nov 10 low

*SUP 2: $1.2618 61.8% of $1.2433-$1.2917, 1% volatility band

*SUP 3: $1.2600 Oct 6 high, now support

*SUP 4: $1.2560 1.618 swing of $1.2666-$1.2837

*COMMENTARY* The recovery from the month's earlier $1.2666 low made it to

$1.2837 on Tuesday, briefly spiking the Nov 7 high and 61.8% Fibo retrace level

at $1.2820 but shy of $1.2860. Has subsequently retreated, the 76.4% Fibo

retrace at 1.2743 giving way, leaving that Nov 10 low at $1.2666 to protect

against a further $1.2618-$1.2560 fall. Meanwhile, $1.2735-$1.2740 provides

resistance against a $1.2776-$1.2805 recovery.