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TECHS: Clears Key Support *RES 4:.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Clears Key Support
*RES 4: 1.4173 High May 7 and key near-term resistance
*RES 3: 1.4141 High May 14
*RES 2: 1.4048 High May 25
*RES 1: 1.3986 High May 26
*PRICE: 1.3819 @ 16:45 BST May 26
*SUP 1: 1.3787 Low May 26
*SUP 2: 1.3734 Low Mar 16
*SUP 3: 1.3682 Low Mar 11
*SUP 4: 1.3611 61.8% retracement of the rally between Jan 7 - Mar 19
USDCAD bulls give back further ground as the USD in general remains under
pressure Tuesday. The pair has traded below former key support at 1.3851, Apr 29
low to signal a resumption of the retracement that started on Mar 19 off 1.4668.
Tuesday's price action cleared the 50-day EMA at 1.3953, reinforcing the
developing bearish theme. Focus turns to 1.3734, the Mar 16 low for support.

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