TECHS: Corrective pullback : *RES.....>

DOLLAR-CANADA: TECHS: Corrective pullback :

*RES 4: 1.3452 High Jun 4

*RES 3: 1.3432/35 High Jun 18 / 76.4% retracement of the May 31 - Jul 19 decline

*RES 2: 1.3432 High Jun 18

*RES 1: 1.3346/55 High Aug 20 / 61.8% retracement of the May 31 - Jul 19 decline

*PRICE: 1.3241 @ 04:35 GMT Aug 27

*SUP 1: 1.3211 Low Aug 14

*SUP 2: 1.3185 Low Aug 13

*SUP 3: 1.3142 61.8% retracement of Jul 19 - Aug 20 rally

*SUP 4: 1.3106 Low Jul 31

USDCAD is pulling away from recent highs. This is viewed as a correction with

the focus still on key resistance at 1.3346, the Aug 20 high. Also, just above

this level is the 61.8% retracement of the May 31 - July 19 decline at 1.3355.

Clearance of 1.3346/55 would reinforce a bullish theme and open 1.3432, allowing

for an extension of the uptrend that has been in place since Jul 19. Support at

1.3251 has been breached, the next level is at 1.3185, Aug 13 low.