TECHS: Loss Of $1.3261 Concerns.......>

DOLLAR-CANADA: TECHS: Loss Of $1.3261 Concerns After 76.4% Fibo Caps Gains

*RES 4: $1.3404 Equality rise from $1.2528 to $1.2249-$1.3125

*RES 3: $1.3385/87 76.4% Fibo of $1.3794-$1.2061, Jun 27 high

*RES 2: $1.3352 Jun 28 high

*RES 1: $1.3285/95 Hourly resistance

*PRICE: $1.3222 @0907GMT

*SUP 1: $1.3210/20 Jun 15 high, hourly support

*SUP 2: $1.3147/59 1% volatility band, Jun 18 low

*SUP 3: $1.3114 Jun 15 low

*SUP 4: $1.3052 Jun 13 high, now support

*COMMENTARY* This month's recovery, broke above the top of the 9 month bull

channel and also the Jun 2017 high at $1.3348. It has however found the 76.4%

Fibo retrace level at $1.3385 a significant barrier. This and the equality rise

target at $1.3404 are the primary contenders to put a halt to this rise, at

least for the time being. Support from $1.3261 has since been lost, raising

corrective concerns of gains from at least the Jun 14 low at $1.2950.