TECHS: Holds Onto Gains *RES 4:.......>

DOLLAR-CANADA: TECHS: Holds Onto Gains

*RES 4: 1.3867 1.764 projection of the Dec 31 - Feb 10 rally from Feb 21 low

*RES 3: 1.3852 3.0% 10-dma envelope

*RES 2: 1.3812 1.618 projection of the Dec 31 - Feb 10 rally from Feb 21 low

*RES 1: 1.3796 High Mar 10

*PRICE: 1.3700 @ 17:04 GMT Mar 11

*SUP 1: 1.3609 Low Mar 10

*SUP 2: 1.3462 Low Mar 9

*SUP 3: 1.3392 20-day EMA

*SUP 4: 1.3380 Low Mar 6

USDCAD remains bullish. Tuesday saw the pair trade to a fresh high of 1.3796

with the focus on 1.3812 next and envelope resistance at 1.3852. The extension

of the sharp move higher maintains the bullish price sequence of higher highs

and higher lows that has been in place since the recovery off the Dec 31 low.

The trend is overbought though and supports will play an important role in

assessing the risk of a correction. Initial support lies at 1.3609.