TECHS: C$1.2594 Resistance Remains....>

DOLLAR-CANADA: TECHS: C$1.2594 Resistance Remains Key

*RES 4: C$1.2662 - High Aug 31 

*RES 3: C$1.2594 - High Oct 9 

*RES 2: C$1.2555 - Hourly support Oct 17 now resistance 

*RES 1: C$1.2533 - High Oct 18

*PRICE: C$1.2513 @ 0930GMT

*SUP 1: C$1.2454 - Low Oct 19 

*SUP 2: C$1.2418 - Lows Sept 28 & 29 

*SUP 3: C$1.2339 - Bollinger band base 

*SUP 4: C$1.2232 - Low Sept 20

*COMMENTARY: Dips below the 55-DMA (C$1.2462) continue to lack follow through

and attract support ahead of the key C$1.2418 level. Bears still need a close

below C$1.2418 to end bullish hopes and shift focus to C$1.2232. Initial

resistance is noted at C$1.2533 with bulls looking for a close above to shift

focus back to C$1.2594 Oct highs so far. Above C$1.2594 reconfirms a bullish and

initially targets C$1.2662-79 where the 100-DMA is found.