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TECHS: Immediate Focus On.............>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Immediate Focus On $1.2915-42
*RES 4: $1.3043 - High June 29 now support
*RES 3: $1.2942 - Daily Bull channel top
*RES 2: $1.2915 - Monthly Highs Oct & Dec 2017
*RES 1: $1.2874 - 55-WMA
*PRICE: $1.2852 @ 1030GMT
*SUP 1: $1.2828 - Hourly support Mar 1 
*SUP 2: $1.2778 - High Feb 27 now support 
*SUP 3: $1.2733 - Hourly support Feb 27 
*SUP 4: $1.2669 - Low Feb 27
*COMMENTARY: The recovery from dips below the 100-DMA ($1.2641) now sees bullish
focus on the $1.2915-42 region where repeated attempts to break higher from late
Oct -Dec failed and the daily bull channel top is situated. Bulls now need a
close above the daily bull channel top to shift focus to $1.3168-1.3215 with
above $1.3043 to confirm. Bears now need a close below $1.2733 to confirm an
easing of bullish pressure and shift focus back to $1.2592-1.2616.

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