TECHS: $1.2818-$1.2803 Loss Opens.....>

DOLLAR-CANADA: TECHS: $1.2818-$1.2803 Loss Opens Up Corrective Potential

*RES 4: $1.2914/18 May 1, May 4 highs

*RES 3: $1.2885 Hourly high May 9

*RES 2: $1.2864 Hourly recovery high May 9

*RES 1: $1.2825/30 May 9 low, hourly resistance

*PRICE: $1.2776 @1709GMT

*SUP 1: $1.2742 Intraday low

*SUP 2: $1.2729 1% volatility band

*SUP 3: $1.2708 61.8% Fibo of $1.2528-$1.2998

*SUP 4: $1.2633/39 Apr 20 low, 76.4% Fibo of $1.2528-$1.2998

*COMMENTARY* Key support from between $1.2818-$1.2803 has been overcome today,

after the briefest of recoveries to $1.2864 late on Wednesday, helped to remove

near term oversold conditions. A low of $1.2742 on the day, before again some

near term oversold conditions have come to the rescue. Resistance falls

accordingly, the $1.2825-$1.2830 region, ahead of that previously mentioned

$1.2864 level. Lose $1.2742 and the $1.2729-$1.2708 area next.