TECHS: Continues Higher,..............>

DOLLAR-CANADA: TECHS: Continues Higher, $1.2703-$1.2723 Next Target Zone

*RES 4: $1.2808 2% volatility band

*RES 3: $1.2779 Aug 15 high

*RES 2: $1.2723 38.2% Fibo of $1.3794-$1.2061

*RES 1: $1.2703 1.618 swing of $1.2600-$1.2433

*PRICE: $1.2690 @0921GMT

*SUP 1: $1.2639 Hourly pullback low Oct 24

*SUP 2: $1.2622 Oct 24 low

*SUP 3: $1.2591 Oct 17 high, now support

*SUP 4: $1.2520 Initial recovery high Oct 20, now support

*COMMENTARY* Continues to creep higher, latterly moving through $1.2685. This

suggests the scope for a look at the swing target at $1.2703 next and

potentially the 38.2% Fibo retrace level at the slightly higher $1.2723. Support

rises in the meantime, $1.2639 and then yesterday's $1.2622 low should now be

able to deal with any setbacks, else we are due a deeper correction of recent

gains from $1.2451. Above $1.2723 and the Aug 15 high at $1.2779 next.