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TECHS: Fresh Gains *RES 4: 1.3298.....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Fresh Gains
*RES 4: 1.3298 High High Dec 4
*RES 3: 1.3270 High Dec 6
*RES 2: 1.3239 76.4% retracement of the Nov 20 - Dec 31 decline
*RES 1: 1.3227 Intraday high
*PRICE: 1.3218 @ 17:22 GMT Jan 30
*SUP 1: 1.3155 Low Jan 28 and 29
*SUP 2: 1.3105 High Jan 9 and former breakout level
*SUP 3: 1.3079 Trendline support drawn off the Jan 7 low
*SUP 4: 1.3026 Low Jan 9
USDCAD remains firm and traded higher Thursday, once again climbing to new 2020
highs. Recent gains have erased the resistance band at 1.3186/3205, the Dec 16
and 13 highs respectively. The clear breach of this zone opens 1.3270, Dec 6
high and extends January's bullish performance. First support is 1.3155, the Jan
28 and 29 low ahead of 1.3105, Jan 9 high and the former breakout level. A break
of the latter would threaten the bullish theme.

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