TECHS: Decline Held By Lower 1%.......>

DOLLAR-CANADA: TECHS: Decline Held By Lower 1% Volatility Band

*RES 4: $1.2837 Nov 21 high

*RES 3: $1.2804 Hourly low Nov 29, now resistance

*RES 2: $1.2768 Hourly recovery high Dec 1

*RES 1: $1.2717/27 Hourly resistance, hourly high Dec 4

*PRICE: $1.2677 @1008GMT

*SUP 1: $1.2645/55 Hourly support

*SUP 2: $1.2624/25 Dec 5 low, 1% volatility band

*SUP 3: $1.2614/18 Oct 23 low, 61.8% of $1.2433-$1.2917

*SUP 4: $1.2600 Oct 6 high, now support

*COMMENTARY* Continued to fall again on Tuesday, losing support from

$1.2666-$1.2652 in the process. So far the decline has been arrested by the

lower 1% volatility band, at $1.2625 by time today. As a result has become

oversold in the near term but will require a move back above $1.2717-$1.2727

before the impetus for a higher correction of losses from last week's $1.2909

high will be forthcoming. In the interim, $1.2655-$1.2645 becomes support.