TECHS: Continued Rise Breaks..........>

DOLLAR-CANADA: TECHS: Continued Rise Breaks Through 9 Month Bull Channel Top

*RES 4: $1.3377/85 50% $1.4692-$1.2061, 76.4% $1.3794-$1.2061

*RES 3: $1.3348 Jun 21 high

*RES 2: $1.3329 2% volatility band 

*RES 1: $1.3292 Intraday high

*PRICE: $1.3272 @1605GMT

*SUP 1: $1.3210/20 Jun 18 high, hourly support

*SUP 2: $1.3192 Hourly base Jun 18 

*SUP 3: $1.3159 Jun 18 low

*SUP 4: $1.3121 Hourly low Jun 15

*COMMENTARY* After holding important near term support from above

$1.2950-$1.2921, last Thursday saw a sharp recovery. In turn, this has since

surpassed, $1.3125, $1.3199 and $1.3261 resistance. A high of $1.3292 so far on

the day, as we move above the 9 month bull channel top projection. Any higher

and the upper 2% volatility band is at $1.3329 today. In the meantime, any

setbacks should be held between $1.3220-$1.3192, else caution is advised.