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TECHS: Key Support Back Under.........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Key Support Back Under Pressure Today
*RES 4: $1.2984 76.4% Fibo of $1.3125-$1.2528
*RES 3: $1.2941/44 Mar 29, Apr 2 highs
*RES 2: $1.2914 May 1 high
*RES 1: $1.2877/87 Hourly resistance
*PRICE: $1.2825 @0923GMT
*SUP 1: $1.2803/06 Intraday, Apr 30 lows 
*SUP 2: $1.2750 Apr 23 low
*SUP 3: $1.2718 Hourly base Apr 20
*SUP 4: $1.2676 Apr 19 high, now support
*COMMENTARY* Key near term support from 1.2806 under pressure again today, this
after seeing a break above the recent range highs from $1.2897-$1.2901 on
Tuesday. A peak at $1.2914, falling shy of the anticipated $1.2941-$1.2944 area,
before yielding ground again. A sustained break below $1.2806 will open up
corrective forces of the gains seen from the Apr 17 base at $1.2528, beginning
with $1.2750-$1.2718. Back above $1.2887 would ease near term pressure.

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