TECHS: Decline Still Held By..........>

DOLLAR-CANADA: TECHS: Decline Still Held By $1.3114-$1.3110 Support

*RES 4: $1.3290 Jul 19-Jul 20 highs

*RES 3: $1.3246 Initial pullback Jul 20, now resistance

*RES 2: $1.3227 Hourly base Jul 19, now resistance

*RES 1: $1.3193/00 Jul 24 high, hourly resistance

*PRICE: $1.3135 @0902GMT

*SUP 1: $1.3110/14 Jul 16, 17, 20, and 23 lows

*SUP 2: $1.3065/67 Jul 11 low, Jun 5 high

*SUP 3: $1.3058 50% Fibo of $1.2729-$1.3387

*SUP 4: $1.3036 1% volatility band

*COMMENTARY* Last week's rally was constrained by $1.3290, the upper 1%

volatility band at the time, falling shy of a test to the next key resistance

level, the 76.4% Fibo retrace at $1.3311. This of the $1.3387-$1.3065 fall

between Jun 27 and Jul 11. While capped here, the risk will be for a look at

$1.3114-$1.3110 support. The latter the protection against another $1.3065

decline and perhaps $1.3058-$1.3036. Resistance from $1.3193-$1.3200.