TECHS: Flirting With 200-DMA *RES.....>

DOLLAR-CANADA: TECHS: Flirting With 200-DMA

*RES 4: $1.2915 - Monthly Highs Oct & Dec 2017

*RES 3: $1.2880 - 55-WMA

*RES 2: $1.2843 - Low Dec 18 now resistance

*RES 1: $1.2749 - High Feb 22

*PRICE: $1.2718 @ 0530GMT

*SUP 1: $1.2677 - Low Feb 22 

*SUP 2: $1.2630 - 100-DMA 

*SUP 3: $1.2592 - High Feb 19 now support 

*SUP 4: $1.2528 - Low Feb 19

*COMMENTARY: The $1.2452-1.2528 support region where the 21-DMA is noted has

provided the base for a move that sees the pair flirting with the 200-DMA

($1.2704) having closed above the MT falling TL ($1.2660). Bulls need a close

above $1.2749 to confirm a break of the 200-DMA & shift focus to $1.2915 Oct &

Dec 2017 highs. Bears look for a close below $1.2592 to gain breathing room and

below $1.2452 to return initial focus to 2018 lows ($1.2255).