TECHS: C$1.2418 & C$1.2520 Levels.....>

DOLLAR-CANADA: TECHS: C$1.2418 & C$1.2520 Levels Now Key

*RES 4: C$1.2695 - Daily Bull channel top 

*RES 3: C$1.2662 - High Aug 31 

*RES 2: C$1.2594 - High Oct 9 

*RES 1: C$1.2520 - High Oct 13

*PRICE: C$1.2490 @ 0930GMT

*SUP 1: C$1.2442 - 21-DMA 

*SUP 2: C$1.2436 - Daily Bull channel base 

*SUP 3: C$1.2418 - Lows Sept 28 & 29 

*SUP 4: C$1.2232 - Low Sept 20

*COMMENTARY: Despite pressure having returned to the C$1.2418-42 support region,

bears have so far failed to manage the close below C$1.2418 needed to shift

focus to C$1.2232. Initial resistance is noted at C$1.2520 with bulls now

needing a close above this level to ease pressure on key supports and shift

focus to layers of resistance C$1.2594-1.2695 where the daily bull channel top

and 100-DMA (C$1.2719) are situated.