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TECHS: $1.2845 Resistance Key Today...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: $1.2845 Resistance Key Today
*RES 4: $1.3048 - Low Mar 16 now resistance
*RES 3: $1.2996 - High May 5
*RES 2: $1.2923 - High May 15
*RES 1: $1.2845 - High May 17
*PRICE: $1.2816 @ 0930GMT
*SUP 1: $1.2731 - Low May 11 
*SUP 2: $1.2693 - 100-DMA 
*SUP 3: $1.2649 - 200-DMA 
*SUP 4: $1.2579 - High Apr 17 now support
*COMMENTARY: The $1.2731 support reconfirmed significance with the pair bouncing
ahead to now flirt with the 55-DMA ($1.2834). Bulls now look for a close above
$1.2845 to confirm a break of the 55-DMA and shift initial focus back to
$1.2923-1.2996. The $1.2649-1.2731 support region where 100 & 200-DMAs are noted
remains key overall. Bears need a close below the 200-DMA to initially target
$1.2828 Apr lows and then $1.2255 2018 lows.

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