TECHS: A $1.2813 Hold Remains.........>

DOLLAR-CANADA: TECHS: A $1.2813 Hold Remains Important To Upside Momentum

*RES 4: $1.2984 76.4% Fibo of $1.3125-$1.2528

*RES 3: $1.2969 2% volatility band

*RES 2: $1.2941/44 Mar 29, Apr 2 highs

*RES 1: $1.2897/98 61.8% of $1.3125-$1.2528, Apr 25 high

*PRICE: $1.2862 @1635GMT

*SUP 1: $1.2821 Intraday low

*SUP 2: $1.2813 Apr 24 low

*SUP 3: $1.2750 Apr 23 low

*SUP 4: $1.2676/86 Apr 19 high, initial rally high Apr 20

*COMMENTARY* The rally has extended through the potentially troublesome

$1.2846-$1.2848 region, the subsequent dip to $1.2813 on Tuesday helped to

remove some of the near term overbought conditions. Now looking to the 61.8%

Fibo retrace at $1.2897 for next resistance, $1.2941-$1.2948 of more likely

consequence higher. A low of $1.2821 but below $1.2813 would caution now and

suggest the rise was losing some momentum, $1.2750 then below.