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TECHS: $1.3000 Break Heads Toward.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: $1.3000 Break Heads Toward Upper 1% Volatility Band
*RES 4: $1.3132 61.8% Fibo of $1.3794-$1.2061
*RES 3: $1.3125 1.618 swing of $1.3002-$1.2803
*RES 2: $1.3098 6 month bull channel top projection
*RES 1: $1.3052 1% volatility band
*PRICE: $1.3033 @1515GMT
*SUP 1: $1.2965/75 Hourly support
*SUP 2: $1.2946 Intraday low
*SUP 3: $1.2921 Mar 14 low
*SUP 4: $1.2895 Congestion area Mar 6-Mar 9
*COMMENTARY* Had two attempts earlier in the month to move through $1.3000
without success. The subsequent pullback broke below support from the 38.2% Fibo
retrace level at $1.2854, this of the gains seen since the Feb 26 low at $1.2615
but was held at the top of the next deeper correction area between
$1.2809-$1.2763. Meanwhile, back above $1.2961 and then that $1.3002, encourages
for another rally, perhaps toward 1.3052-$1.3098 next. Support $1.2965-$1.2946.

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