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

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

*RES 4: $1.3285/90 Congestion Jun 25-Jun 27

*RES 3: $1.3261/68 Jun 22 low, intraday high

*RES 2: $1.3242 Jun 28 low

*RES 1: $1.3211/15 Hourly resistance

*PRICE: $1.3136 @1550GMT

*SUP 1: $1.3136/40 38.2% of $1.2729-$1.3387, 1% vol band

*SUP 2: $1.3114 Jun 15 low

*SUP 3: $1.3067 Jun 5 high, now support

*SUP 4: $1.3052/58 Jun 13 high, 50% of $1.2729-$1.3387

*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. Support

from $1.3261 has since been lost, raising corrective concerns of gains from at

least the Jun 14 low at $1.2950.