TECHS: Focus is on range top: *RES....>

DOLLAR-CANADA: TECHS: Focus is on range top:

*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: 1.3305 @ 05:34 GMT Aug 26

*SUP 1: 1.3251 Low Aug 19 and key near-term support

*SUP 2: 1.3185 Low Aug 13

*SUP 3: 1.3178 Low Aug 5

*SUP 4: 1.3106 Low Jul 31

USDCAD maintains its recent consolidative tone. The focus is still on the upper

end of the recent range with the key resistance at 1.3346, the Aug 20 high. Just

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

1.3355. A move above 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 lies at 1.3251, the Aug 19 low and an important S/T level.