TECHS: 1.2854 Support Becomes.........>

DOLLAR-CANADA: TECHS: 1.2854 Support Becomes Pivotal To Direction

*RES 4: $1.3090 1.618 swing of $1.3002-$1.2862, 6 mth channel

*RES 3: $1.3001/02 Mar 6, Mar 5 highs

*RES 2: $1.2961 Mar 8 high

*RES 1: $1.2930/40 Hourly resistance

*PRICE: $1.2873 @1040GMT

*SUP 1: $1.2854/62 38.2% Fibo of $1.2615-$1.3002, Mar 6 low

*SUP 2: $1.2809 Mar 1 low, 50% Fibo of $1.2615-$1.3002

*SUP 3: $1.2758/63 Feb 22 high, 61.8% Fibo of $1.2615-$1.3002

*SUP 4: $1.2733 1% volatility band

*COMMENTARY* After two attempts has so far been unable to move with any

conviction above $1.3000. The subsequent pullback currently meeting support from

above the 38.2% Fibo retrace level at $1.2854. This of the gains seen since the

Feb 26 low at $1.2615. Loss of $1.2854 will set in motion a deeper correction

with $1.2809-$1.2763 the next area of support. Meanwhile, $1.2930-$1.2961 forms

the bar to a renewal of upside interest.