TECHS: Near Term Direction Revolves...>

DOLLAR-CANADA: TECHS: Near Term Direction Revolves Around $1.2869-$1.2854

*RES 4: $1.3109 Equality rise from $1.2249 to $1.2061-$1.2921

*RES 3: $1.3085 6 month bull channel top projection

*RES 2: $1.3060 2% volatility band

*RES 1: $1.3002 Mar 5 high

*PRICE: $1.2899 @1410GMT

*SUP 1: $1.2869 Hourly base Mar 2

*SUP 2: $1.2854 38.2% Fibo of $1.2615-$1.3002

*SUP 3: $1.2809 Mar 1 low, 50% Fibo of $1.2615-$1.3002

*SUP 4: $1.2758/63 Feb 22 high, 61.8% Fibo of $1.2615-$1.3002

*COMMENTARY* Blasted through the previous $1.2921 high and also the equality

rise target at $1.2948 on Monday. A high of $1.3002 so far but any higher and

there is currently not much resistance of note until the upper 2% volatility

band at the higher $1.3060 level and the 6 month channel top at $1.3085.

Meanwhile, $1.2916 support has been lost, eyes now on $1.2869-$1.2854, as this

area now protects against a deeper fall and correction of gains from $1.2615.