TECHS: Above C$1.2594 Targets.........>

DOLLAR-CANADA: TECHS: Above C$1.2594 Targets $1.2662-1.2710

*RES 4: C$1.2710 - Daily Bull channel top 

*RES 3: C$1.2662 - High Aug 31 

*RES 2: C$1.2594 - High Oct 9 

*RES 1: C$1.2551 - Hourly resistance Oct 17

*PRICE: C$1.2539 @ 0930GMT

*SUP 1: C$1.2514 - Hourly support Oct 16 

*SUP 2: C$1.2456 - 21-DMA 

*SUP 3: C$1.2451 - Daily Bull channel base 

*SUP 4: C$1.2418 - Lows Sept 28 & 29

*COMMENTARY: Pressure on the bull channel base and 21-DMA failed to produce a

break lower with the close above C$1.2520 easing bearish pressure and shifting

focus to C$1.2594, above which targets C$1.2662-1.2710. Initial support is noted

at C$1.2514 with bears needing a close below shift focus back to the key

C$1.2418-56 support region and below C$1.2418 targeting C$1.2232.