TECHS: Decline Tumbles Toward.........>

DOLLAR-CANADA: TECHS: Decline Tumbles Toward $1.2714-$1.2694 Support

*RES 4: $1.2875 Dec 20 high

*RES 3: $1.2840/46 Intraday high, hourly high Dec 20

*RES 2: $1.2819 Dec 20 low, now resistance

*RES 1: $1.2770/80 Hourly resistance

*PRICE: $1.2730 @1345GMT

*SUP 1: $1.2710/14 1% volatility band, Dec 14 low

*SUP 2: $1.2694 76.4% Fibo of $1.2624-$1.2921

*SUP 3: $1.2624 Dec 5 low

*SUP 4: $1.2582/92 2% vol band, 38.2% of $1.2061-$1.2921

*COMMENTARY* Once again the $1.2917-$1.2927 region has inhibited gains. While

lacking a clear break above here, then the immediate risk will be lower and a

move below  $1.2816 support. Loss here sees recent upside momentum lost and

opens the way for a deeper $1.2714-$1.2694 fall, where next questions are asked

of direction. Meanwhile, $1.2770-80 and then yesterday's $1.2819 low provide an

initial barrier to any recovery efforts.