TECHS: Brief Spike Higher Before......>

DOLLAR-CANADA: TECHS: Brief Spike Higher Before Retreating Toward $1.2743

*RES 4: $1.2917/27 Oct 27 high, 50% of $1.3794-$1.2061

*RES 3: $1.2880 1% volatility band

*RES 2: $1.2856/60 76.4% of $1.2917-$1.2666

*RES 1: $1.2837 Intraday high

*PRICE: $1.2767 @1703GMT

*SUP 1: $1.2743 76.4% Fibo of $1.2714-$1.2837

*SUP 2: $1.2714 Nov 17 low

*SUP 3: $1.2666 Nov 10 low

*SUP 4: $1.2621 1% volatility band

*COMMENTARY* The recovery from the month's earlier $1.2666 low eventually made

it to $1.2837 today, briefly spiking the Nov 7 high and 61.8% Fibo retrace level

at $1.2820 but shy of $1.2860. Has subsequently retreated, aided by some near

term overbought conditions. The 76.4% Fibo retrace at 1.2740 now becomes the

support to watch, needing a hold here, if the rally is to continue at this

stage. Loss will caution and eventually see pressure return to $1.2714-$1.2666.