TECHS: $1.2927 Break Needed If........>

DOLLAR-CANADA: TECHS: $1.2927 Break Needed If Rally To Continue

*RES 4: $1.3006/16 2% volatility band, Jul 3 high

*RES 3: $1.2984 1.618 swing of $1.2917-$1.2808

*RES 2: $1.2969 Jan 31 low, now resistance

*RES 1: $1.2917/27 Oct 27 high, 50% Fibo of $1.3794-$1.2061

*PRICE: $1.2878 @1030GMT

*SUP 1: $1.2835 Hourly support

*SUP 2: $1.2807/08 23.6% Fibo of $1.2451-$1.2917, Oct 27 low

*SUP 3: $1.2781 Oct 26 low

*SUP 4: $1.2739 38.2% Fibo of $1.2451-$1.2917

*COMMENTARY* Friday saw a brief spike above the upper 2% volatility band, as the

upside moved to chase down the 50% Fibo retrace level at $1.2927. A high of

$1.2917 twice now, before succumbing to some overbought hourly conditions. Now

looking to $1.2807-$1.2781 support for next clues. While above, there is scope

to regroup and another attempt higher. Meanwhile, $1.2835 provides interim

support.