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TECHS: Off Earlier Highs *RES 4:......>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Off Earlier Highs
*RES 4: 1.3432 High Jun 18
*RES 3: 1.3383 High Sep 3
*RES 2: 1.3331 61.8% retracement of the Jun - Dec decline
*RES 1: 1.3329 High Feb 10
*PRICE: 1.3273 @ 10:45 GMT Feb 12
*SUP 1: 1.3263 Low Feb 5 and key near-term support
*SUP 2: 1.3227 Low Jan 3
*SUP 3: 1.3191 Low Jan 30
*SUP 4: 1.3155 Low Jan 28 and 29
USDCAD traded higher Monday but has since pulled back. Conditions for now are
unchanged and the pair maintains a bullish focus following this year's recovery.
Key resistance at the Nov 20 high of 1.3328 gave way, opening 1.3331 and 1.3383
next. Support is seen at 1.3263 and 1.3227 initially ahead of 1.3191, the Jan 30
low. A breach of 1.3263 would be seen as a potential early warning sign for
bulls.

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