TECHS: Bulls Ned Close Above..........>

DOLLAR-CANADA: TECHS: Bulls Ned Close Above $1.2628

*RES 4: $1.2839 - High Dec 21

*RES 3: $1.2756 - 200-DMA

*RES 2: $1.2628 - Low Dec 27 now resistance

*RES 1: $1.2617 - 100-DMA

*PRICE: $1.2597 @ 0930GMT

*SUP 1: $1.2548 - Low Feb 8 

*SUP 2: $1.2492 - Low Feb 6 

*SUP 3: $1.2452 - High Feb 2 now support 

*SUP 4: $1.2399 - Low Feb 5

*COMMENTARY: The recovery from 2018 lows is now hesitating ahead of the

$1.2617-1.2628 resistance region where the 100-DMA is located. Bulls need a

close above $1.2628 to confirm a break of the 100-DMA and an end to bearish

hopes. Focus then shifts to $1.2756-1.2915 where the 200-DMA ($1.2756) is found.

Bears now need a close below $1.2548 to ease bullish pressure and below $1.2399

to shift initial focus back to 2018 lows.