TECHS: Bear Trigger Tested *RES 4:....>

DOLLAR-CANADA: TECHS: Bear Trigger Tested

*RES 4: 1.4265 High Apr 21 and the bull trigger

*RES 3: 1.4198 High Apr 23

*RES 2: 1.4121 High Apr 27

*RES 1: 1.4004 High Apr 29 and initial key resistance

*PRICE: 1.3910 @ 16:58 BST Apr 30

*SUP 1: 1.3851 Low Apr 30

*SUP 2: 1.3813 50.0% retracement of the rally between Jan 7 - Mar 19

*SUP 3: 1.3734 Low Mar 16

*SUP 4: 1.3611 Low Mar 11

Rate fell further Thursday to test, but not convincingly break, the bear trigger

at 1.3856, Apr 13 low. Price has edged below the 50-day EMA, further

highlighting a bearish tone. A close below 1.3856 would represent an important

short-term technical break and confirm a resumption of the move lower that

started on Mar 19. This would open 1.3813 initially, a Fibonacci retracement.

First resistance is seen at 1.4004, Apr 29 high.